L1 Health to Acquire Destination Pet and Launch New Animal Health and Wellness Platform in US and Europe

L1 Health to Acquire Destination Pet and Launch New Animal Health and Wellness Platform in US and Europe

  • Destination Pet is a leader in US pet health care services and trusted high-quality pet care and vet services provider
  • This acquisition enables Destination Pet to strengthen and grow its service platform in the US and expand into the European market
  • L1 aims to be a global leader in pet health and wellness services and will commit up to $450 million overall to invest in this sector

LONDON, Oct. 28, 2019 /PRNewswire/ — L1 Health has today announced an agreement to acquire Destination Pet, LLC (“Destination Pet”), a US pet health care provider and its intention to become a global leader in pet health & wellness.

Headquartered in Highlands Ranch, Colorado, Destination Pet offers pet owners veterinary services combined with other pet health and wellness services – including daycare, grooming, and boarding. In the US Destination Pet is recognised as a partner, and provider of choice, by the vet community and pet owners.

Similar to human health care, pet health care is a local business, and trust plays a major role in attracting and retaining customers. By maintaining the local culture, branding, and operating teams of local veterinary practices across the US in 14 states, Destination Pet’s