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Northleaf raises credit facility of up to C$175M to fund expansion of VetCare

Date Closed

August 31, 2021

Lead Office



175.00 Million CAD

On August 31, 2021, VetCare Canada Inc. announced that it had raised up to C$175 million through a senior secured credit facility arranged by Northleaf Capital Partners. The facility is to support VetCare’s continued expansion across Canada to complement its existing network of veterinary practices.

Northleaf Capital Partners is a private equity firm specializing in primary, secondary direct as well as indirect, fund of funds, and direct co-investments.

McCarthy Tétrault advised Northleaf with a team led by Justin Lapedus that included Etienne Guertin, Andrea Kareclas, Genevieve Loxley, Jaclyn Wang, and Marc-Antoine Addouime (Financial Services), Vincent Yip (Intellectual Property), and Sarah O’Neill.