(Reuters) -Non-public fairness agency Shore Capital Companions is in talks to accomplice with Silver Lake Administration to mix two veterinary teams by way of an $8.6 billion deal, Bloomberg Information reported on Friday, citing folks accustomed to the matter.
Shore is working to merge portfolio firms Southern Veterinary Companions and Mission Veterinary Companions and recapitalize the mixed entity with an funding from California-based Silver Lake, in response to the report.
The 2 personal fairness corporations would co-own the mixed entity and collectively contribute about $4 billion of recent fairness to the corporate, the Bloomberg report stated.
Silver Lake and Shore Capital didn’t instantly reply to Reuters’ requests for remark.
