LuxVet Group Secures New Funding to Accelerate Growth in Central and Eastern Europe
LuxVet Group, a major veterinary platform in Central and Eastern Europe, has secured a new financial partner – Cheyne Strategic Value Credit (“Cheyne SVC”), part of Cheyne Capital, the global alternative investment manager. Alongside Cheyne SVC, LuxVet has secured additional investment from 1 Asset Management through its Petcare Growth Fund, an investor in the largest veterinary clinic chain in the Baltics. Existing investors Cornerstone Investment Management, Beechbrook Capital, and Syntaxis Capital have also increased their equity exposure, reflecting continued confidence in LuxVet’s growth strategy.
Headquartered in Warsaw, Poland, the LuxVet Group has been actively consolidating the country’s fragmented veterinary market since 2022. Due to the business’ rapid growth and M&A strategy, the Group has become the largest veterinary platform in the country, setting new standards in animal care. It also expanded its operations into Romania in 2023, to meet the growing demand for high-quality veterinary services in the region. This marked an important step towards building an international veterinary platform across Central and Eastern Europe and aligned with LuxVet’s vision of creating a network of veterinary clinics and hospitals offering the highest standards of care, while also supporting the professional development of its staff.
“Our mission is to build a modern, integrated network of veterinary clinics that combines the highest standards of care with a true partnership approach. We aim not only to deliver top-quality services but also to create a system that supports sustainable growth and greater efficiency across our platform. The partnership with Cheyne SVC will allow us to significantly accelerate our expansion strategy and implement innovative solutions that enhance the quality of work throughout the veterinary sector. We believe this will help raise the overall standard of animal care and offer our clients an even higher level of service,” said Piotr Zajączkowski, CEO of the LuxVet Group.
The LuxVet Group is currently focused on strengthening its platform through investments in advanced medical equipment and dedicated training and development programmes for veterinary doctors, nurses, and administrative employees. As part of its commitment to raising the standard of veterinary care in Poland, the LuxVet Group has opened the Veterio Referral Hospital in Warsaw, which includes a 24/7 emergency unit and provides comprehensive cover in areas such as intensive care, orthopaedics, neurology, diagnostic imaging, and other veterinary specialties.
“We are excited to begin our partnership with LuxVet Group and its investors, supporting their mission to build a modern, high-quality veterinary network. This collaboration represents a significant step toward accelerating growth, enhancing standards of care and delivering long-term value for clients and the wider veterinary industry,” said Markus Hunold, Partner and Senior Portfolio Manager at Cheyne SVC.
LuxVet Group, a major veterinary platform in Central and Eastern Europe, has secured a new financial partner – Cheyne Strategic Value Credit (“Cheyne SVC”), part of Cheyne Capital, the global alternative investment manager.
LuxVet Group, a major veterinary platform in Central and Eastern Europe, has secured a new financial partner – Cheyne Strategic Value Credit (“Cheyne SVC”), part of Cheyne Capital, the global alternative investment manager. Alongside Cheyne SVC, LuxVet has secured additional investment from 1 Asset Management through its Petcare Growth Fund, an investor in the largest veterinary clinic chain in the Baltics. Existing investors Cornerstone Investment Management, Beechbrook Capital, and Syntaxis Capital have also increased their equity exposure, reflecting continued confidence in LuxVet’s growth strategy.
Headquartered in Warsaw, Poland, the LuxVet Group has been actively consolidating the country’s fragmented veterinary market since 2022. Due to the business’ rapid growth and M&A strategy, the Group has become the largest veterinary platform in the country, setting new standards in animal care. It also expanded its operations into Romania in 2023, to meet the growing demand for high-quality veterinary services in the region. This marked an important step towards building an international veterinary platform across Central and Eastern Europe and aligned with LuxVet’s vision of creating a network of veterinary clinics and hospitals offering the highest standards of care, while also supporting the professional development of its staff.
“Our mission is to build a modern, integrated network of veterinary clinics that combines the highest standards of care with a true partnership approach. We aim not only to deliver top-quality services but also to create a system that supports sustainable growth and greater efficiency across our platform. The partnership with Cheyne SVC will allow us to significantly accelerate our expansion strategy and implement innovative solutions that enhance the quality of work throughout the veterinary sector. We believe this will help raise the overall standard of animal care and offer our clients an even higher level of service,” said Piotr Zajączkowski, CEO of the LuxVet Group.
The LuxVet Group is currently focused on strengthening its platform through investments in advanced medical equipment and dedicated training and development programmes for veterinary doctors, nurses, and administrative employees. As part of its commitment to raising the standard of veterinary care in Poland, the LuxVet Group has opened the Veterio Referral Hospital in Warsaw, which includes a 24/7 emergency unit and provides comprehensive cover in areas such as intensive care, orthopaedics, neurology, diagnostic imaging, and other veterinary specialties.
“We are excited to begin our partnership with LuxVet Group and its investors, supporting their mission to build a modern, high-quality veterinary network. This collaboration represents a significant step toward accelerating growth, enhancing standards of care and delivering long-term value for clients and the wider veterinary industry,” said Markus Hunold, Partner and Senior Portfolio Manager at Cheyne SVC.