Advised on Sale

Consumer & Retail

Main Street Capital Corporation

Financial sponsor - NYSE listed business development company United States of America

Acquired Majority Control of Business Operations

Valley Vet Supply

Omnichannel retailer of Rx & OTC animal health products and supplies United States of America

Advised Valley Vet Supply on Recapitalization with Main Street Capital

IMAP is pleased to announce the majority recapitalization of Valley Veterinary Clinic, LTD and its affiliates (“Valley Vet”) by financial sponsor Main Street Capital Corporation (“MAIN”). The IMAP team from Falls River Group acted as the exclusive M&A advisor to Valley Vet in connection with the transaction. This deal represents the eighth successful transaction for FRG in the pet & animal health space.


Valley Vet was founded in 1985 by veterinarians to provide customers with the very best animal health solutions. Building on over half a century of experience in veterinary medicine, Valley Vet serves equine, pet and livestock owners with more than 23,000 products and medications hand-selected by Valley Vet founding veterinarians and their professional staff. With an in-house pharmacy that is licensed in all 50 states and verified through the National Association of Boards of Pharmacy (NABP), Valley Vet is the dedicated source for all things horse, livestock, and pet.


Main Street Capital Corporation (NYSE: MAIN) is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. MAIN’s portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. MAIN seeks to partner with entrepreneurs, business owners and management teams and generally provides “one stop” financing alternatives within its lower middle market investment strategy.