Finding the right partner

Smartvet Tierarztpraxen GmbH was founded in 2005 by Olaf Thamm and built with his own resources into one of the largest veterinary clinic chains in Germany. In 2021, the group operated 18 clinics nationwide. Mr. Thamm had further growth plans for the company and enlisted DDG for this purpose. DDG supported Smartvet in the search for potential acquisition targets and acted as an advisor on the buy-side. Simultaneously, DDG searched for a suitable partner to finance the expansion strategy. Medivet proved to be the ideal partner as they shared the same strategy and vision. Mr. Thamm sold the majority of his shares to Medivet and remained involved in the company with the rest of his shares, believing in the overall success of the enterprise.