Mars’s $9.1 Billion Financing For The Acquisition of VCA Inc.


Simpson Thacher represented Mars, Incorporated in connection with the debt financing for its acquisition of VCA Inc.

The all-cash transaction valued at $9.1 billion is expected to close in the third quarter of 2017 and is subject to customary closing conditions.

VCA is a leading provider of pet health care services in the country delivered through nearly 800 small animal veterinary hospitals in the U.S. and Canada. Upon completion of the transaction, VCA will operate as a distinct and separate business within Mars Petcare, one of the world’s leading pet care providers through its other Veterinary Services businesses, BANFIELD® Pet Hospital, BLUEPEARL® and PET PARTNERS™.

The Simpson Thacher team included Jennifer Hobbs (Picture) and Jennifer Albrecht (Credit and Banking); and Richard Fenyes and Theresa Chen (Capital Markets).

Involved fees earner: Jennifer Hobbs – Simpson Thacher & Bartlett; Jennifer Albrecht – Simpson Thacher & Bartlett; Richard Fenyes – Simpson Thacher & Bartlett; Theresa Chen – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Mars Inc.;

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Author: Ambrogio Visconti