Inspire Veterinary Partners Continues To Expand, Announces Proposed Acquisition In Pennsylvania
–News Direct–
By Austin DeNoce, Benzinga
Inspire Veterinary Partners Inc (NASDAQ: IVP), a trailblazer in pet healthcare services, is broadening its horizons. The company recently announced a non-binding letter of intent to acquire 100% ownership of an animal hospital in Pennsylvania, marking its initial venture into the Keystone State.
With 13 animal hospitals already under its umbrella, this proposed acquisition is expected to add to Inspires expanding network and an early indicator of the company's vigorous growth strategy. The company expects to complete the acquisition sometime in October 2023, subject to standard closing conditions.
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For the Virginia-based Inspire, the move north presents a fresh market in its ongoing nationwide expansion. Some 60% of...