Private-equity firm KKR & Co. L.P. said Wednesday it is acquiring PetVet Care Centers from Ontario Teachers’ Pension Plan, L Catterton and other shareholders without disclosing financial terms. PetVet is an operator of general practice and specialty veterinary hospitals for companion animals with a network of 126 hospitals in 22 states. The Westport, Connecticut-based company was founded in 2012 by Chief Executive Gino Volpacchio and L Catterton. KKR shares were not yet active premarket, but have gained 36% in 2017, while the S&P 500 has gained about 20%.
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