Westpoint Vets acquired by investment company

Farm veterinary company Westpoint Veterinary Group has been bought by investment company August Equity for an undisclosed sum.

August Equity already has experience in the veterinary sector having invested in Independent Vetcare in 2011.

This latest private deal, which was completed on 11 January, is part of planned strategy to grow Westpoint, with the aim of making it the UK’s leading livestock health group.

Newly appointed managing director Matt Dobbs insisted the move would mean “business as usual” for clients.

He added: “Excellence and innovation in client service remain our focus.

“We now have access to greater resources and expertise to invest in the development of our people, services and products. Any success we have had is based on our clients’ success; there is no other way and this is our sole focus.”

Rob Drysdale, one of the founders of Westpoint, will remain with the business with responsibility for leading new projects to further increase value to its customers.