Mercer Capital’s Value Focus: Animal Health Industry Newsletter is a quarterly publication providing perspective on valuation issues pertinent to animal health professionals. Each issue includes a segment focus, market overview, mergers and acquisitions review, and more.
This issue includes a discussion on Veterinary Services. Excerpting from the discussion:
As traditional vets expand their practices to compete with in-store clinics, emergency and specialty vets will face increased competition. However, the improving economy will increase households’ demand for services. In December 2014, the unemployment rate dropped to pre-recession levels. Although income growth remains weak, improved economic conditions may spur increased spending on pet products and services. The Wall Street Journal estimates that veterinary spending on pets has grown at a 6% annual rate during the past seven years.
This issue also includes the special supplement Fairness Opinions: Evaluating a Buyer’s Shares from the Seller’s Perspective.
To read the entire write up, download the newsletter (pdf) here.