CVS Group plc (AIM:CVSG) – acquisition of Your Vets, the bankers certainly like them!
YourVets was founded in July 1997 in Coventry operates seven large veterinary clinics in the Midlands and Essex. In the year to 31st March 2014, the last for which published accounts are available, YourVets generated turnover of approximately £9.2m, EBITDA of c. £0.2m and a loss before tax of £0.8m. As at 31st March 2014 net assets of YourVets were £2.4m.
Sales and EBITDA of the acquired business for the year to 31st March 2015…
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