OMERS Private Equity to sell stake in veterinary platform NVA

OMERS Private Equity (OPE) has agreed to sell its minority stake in National Veterinary Associates (NVA), an Agoura Hills, California-based owner and operator of more than 700 veterinary hospitals and related facilities. Terms weren't released. Ares Management, NVA's majority shareholder, is also selling its interest. The buyer is JAB Investors, a European consumer-focused private investment firm. OPE, the private equity arm of the $97-billion Ontario Municipal Employees Retirement System (OMERS), invested in NVA in 2017.

17 June 2019•6 mins read
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