Profit Track 100

Acquisitions in Italy in January saw this York-based veterinary group double its presence in the country to 20 practices, building on its entry into France last year. Established in 2015, it provides centralised finance and IT functions for its 500-plus clinics, freeing vets to focus on treating animals. Founder and chief executive Jo Malone, 46, a qualified vet, led a £720 million buyout in 2018, backed by BC Partners. Profits were £45 million in the year to June 2020; £65 million is the target this year.

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Company details
ActivityVeterinary practices group
Annual profit growth76.90%
Latest profits £000s45,026
Latest sales £000s339,732

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda