Inflexion joins Tierarzt Plus Partner
Frankfurt a. Main — Inflexion, a leading European mid-market private equity firm, is pleased to announce that it has partnered with the founders of Tierarzt Plus Partner (“TPP”), Germany’s largest group of veterinary practices, to support the company’s continued growth and expansion. The investment is being made by Inflexion’s Buyout Fund VI. TPP was founded in 2018 and has almost 100 veterinary practices throughout Germany with around 1,700 employees. The company works with local veterinarians to provide leading animal health services, primarily for small animals, and supports them with comprehensive training, industry best practices and significant investment in technology. The market for veterinary services in Germany remains fragmented and offers considerable potential for further consolidation and growth. Inflexion plans to leverage its extensive industry experience to work with TPP’s founding management and shareholders to accelerate the company’s growth. In particular, Inflexion will support further investments in the digitalization of the company, in training and in the expansion of the veterinary practice network in Germany, both through acquisitions and by opening new greenfield sites. “As the largest and most successful veterinary network in Germany, TPP offers an excellent platform for future growth and development. We look forward to combining our extensive experience in this sector with the expertise of TPP’s founders and an outstanding management team to further grow the business,” explains Martin Preuss (photo © Inflexion), since March 2024 Partner and Head of DACH at Inflexion. Fabian Kröll, Co-Founder and CEO, TPP, said: “We look forward to working with Inflexion to continue investing in the growth of our business and the development of our network. Our founding and leadership team will remain on board and we will stay true to our mission of creating the best experience for animals and people every day.” About Inflexion Inflexion is a leading European mid-market private equity firm that invests in high-growth, entrepreneurial companies with ambitious management teams, typically valued between €50m and €1bn, and works in partnership with these companies to accelerate growth. Inflexion has € 12 billion AUM and invests up to € 600 million of equity per investment in majority transactions with various funds, but also in minority transactions with Europe’s largest specialized fund. www.https://www.inflexion.com