Antares helps fund Morgan Stanley veterinary acquisition

The Chicago-based mid-market lender has backed Morgan Stanley Private Equity’s acquisition of veterinary management company Pathway Partners with a $72m secured credit facility.  

Sustained annual increases in consumer spending on pets over recent decades has driven growth opportunities in the veterinary sector, some of which have been pursued with loans from private lenders.

On 24 August, Antares announced that it has supported Morgan Stanley Private Equity's acquisition of Pathway Partners Pet Holding with a $72 million secured credit facility.