December 2009. The Peakstone Group, a leading private mergers and acquisitions firm specializing in the sale of middle-market businesses, announced today that INK2K9, Inc., a specialty veterinary facility holding company, has acquired Integrative Pet Care (IPC), a client of The Peakstone Group.
In conjunction with the transaction, Ed Heil has joined IPC as Chairman and President. Mr. Heil has over 30 years of experience leading and growing companies.
“This transaction will position the company to move to the next level; the addition of growth capital coupled with Ed’s senior leadership will enable IPC to capitalize on the many growth opportunities that are available in the region,” stated Kellee Joost, Co-Founder of IPC.
Ed Heil, Chairman of IPC, said, “The investment in IPC is consistent with INK2K9’s objective of identifying middle market veterinary practices and supporting them with management and financial resources to take them to the next level. The Founders of IPC have built a strong business and we are looking forward to building on IPC’s reputation of excellent customer service and patient care.”
Integrative Pet Care is a nationally recognized leader in the emerging field of veterinary rehabilitation and wellness. IPC provides rehabilitation therapies to pets recovering from surgery or other ailments or injuries, arthritic or overweight pets, and any pets that would benefit from increased mobility and energy; and wellness programs to athletic pets and pets whose owners are interested in developing their pets’ fitness. The company operates out of a 6,000 square foot state-of-the-art facility dedicated solely to rehabilitation, fitness and wellness. IPC treats over 800 patients (80% dogs) annually for multiple issues related to general lameness, post-surgical support, non-surgical options, neurological concerns, obesity and age. Using similar techniques of human physical therapy, pet owners are seeing dramatic results – from increased function, less pain, and in many cases, total resolution of their pet’s problems, making pet rehabilitation a burgeoning business model supporting local veterinarians and veterinary surgeons.
For more information, please contact:
Alex Fridman, Managing Partner, (312) 346-7303, alex@peakstone.com