Veterinary Care Plans (VCP), which administers pet wellness programs on behalf of 1,000 clinics, has agreed to be acquired by Covetrus. Terms of the transaction were not revealed.
The takeover will lead to the integration of the VCP platform into Covetrus’ practice management and prescription management software systems, the companies reported.
“By adding VCP’s technology to our software portfolio, we’re making wellness truly accessible for both practices and pet parents, which is key to helping veterinarians strengthen their relationships with their clients, improve clinical quality and extend affordable care,” said Ben Wolin, Covetrus’ president and CEO.
VCP co-founder and President Bob Richardson will remain with the Irvine, California, company.
“This integration will deliver new levels of ease and convenience for clinics and facilitate more care,” Richardson said. “In addition, it will drive pet care education and enable convenient home delivery for pet parents looking for easier accessibility, value and a better overall experience.”
VCP plans can be customized for the management of preventive services, dental care, diagnostics, and boarding and grooming. More than 350,000 pets are enrolled in VCP plans, according to the company.
Covetrus, a leading provider of veterinary products, services and technology, is based in Portland, Maine.
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