Fountain Report Excerpts Nov 12, 2024

Fountain Report Excerpts
  1. VCreation of a midlevel practitioner role in veterinary medicine for the first time in the United States is all but certain following a “yes” vote in Colorado that could fundamentally reshape the profession in the state and inspire others to follow.
  1. Elanco Animal Health reported its fifth consecutive quarter of underlying organic constant currency revenue growth in 3Q 2024 and said it expects 3% currency growth for the full year.
  1. Private equity groups Silver Lake and Shore Capital Partners were reported to have struck a deal to create one of the biggest US veterinary care groups with the merger of Southern Veterinary Partners and Mission Veterinary Partners, both of which are part-owned by Shore. The $8.6 billion dollar deal would create a network of more than 750 locations generating $580 million in yearly earnings before interest, taxes, depreciation, and amortization.

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