PwC Portugal advises IVC Evidensia on clinics acquisitions
PwC Portugal has advised IVC Evidensia, a British-Swedish group operating in the veterinary care sector, on the completion of two additional acquisitions in Portugal. The first transaction involved two clinics in the western region of the country, Centro Veterinário da Lourinhã and VetPeniche, while the second concerned Vetfunchal Centro Médico Veterinário, located on the island of Madeira.
The transactions form part of IVC Evidensia’s expansion strategy in the Portuguese market and add to PwC’s ongoing support to the group, which now totals seven transactions completed between July 2025 and July 2026. As part of the mandate, PwC Portugal’s multidisciplinary team carried out financial, legal and employment due diligence, while also assisting IVC Evidensia in preparing and negotiating all the legal documentation required to complete the transactions.
Legal team
Coordination of the legal due diligence and the transaction was led by Luís Pedro Oliveira, partner in the Corporate/M&A practice, with the collaboration of Andreia Prado da Silva and Isadora Gus Camargo, lawyers in the same practice area. The employment workstream was led by Levi França Machado, coordinator of the employment law practice, supported by Carolina Bonina Cariano and João Sismeiro Pereira. The real estate due diligence was handled by Fernando Costal Carinhas, coordinator of the real estate law practice, with the support of Maria Cabral Azevedo, while partner Tiago Silva Abade led the public law and data protection workstreams, assisted by Bernardo Xavier Cid and Sofia Teruszkin Matias on the public and regulatory law side, and Afonso Ribeiro Ramos, Ana Catarina Simões and Carolina Pereira Pires from a data protection and privacy perspective.
The financial due diligence team was led by Ana Silva, with the support of Patrícia Jacinto, Carolina Vilarinho, Catarina Perestrelo and Rúben Real.
