Shore is working to merge portfolio companies Southern Veterinary Partners and Mission Veterinary Partners and recapitalize the combined entity with an investment from California-based Silver Lake, according to the report.
The two private equity firms would co-own the combined entity and together contribute about $4 billion of fresh equity to the company, the Bloomberg report said.
Silver Lake and Shore Capital did not immediately respond to Reuters’ requests for comment.
Source: Economy - investing.com
