Debevoise & Plimpton LLP is advising Morgan Stanley Global Private Equity (“MSPE”) in connection with its investment in Pathway Partners Vet Holding LLC (“Pathway”) by funds managed by MSPE. Founded by Dr. Jasen Trautwein in Austin, TX and led by CEO Shawn McVey, Pathway is a leading veterinary hospital owner and operator. MSPE is partnering with Dr. Trautwein, Mr. McVey and the management team, who will remain in place and retain a significant minority stake in Pathway.
Pathway owns over 30 general and specialty veterinary hospitals, and, together with their talented veterinarians and staff, are dedicated to providing the highest and most ethical standard of patient care. Pathway seeks to be a partner of choice for veterinarians wishing to realize some personal liquidity while retaining a minority interest in a rapidly-growing and ‘vet-friendly’ holding company. Pathway provides systems and processes to enhance productivity and improve medical services while maintaining the practice’s local culture and community identity.
Morgan Stanley Global Private Equity, the middle-market focused private equity business of Morgan Stanley Investment Management, is a leading middle-market private equity platform that has invested capital in a broad spectrum of industries for over two decades. Morgan Stanley Global Private Equity focuses on privately negotiated equity and equity-related investments primarily in North America, as well as Europe and other regions and seeks to create value in portfolio companies primarily through operational improvement.
The Debevoise team is led by partner Uri Herzberg and includes partners Jonathan F. Lewis and Scott B. Selinger, counsel Rafael Kariyev and associates Joseph M. Binder, Alexander V. Bondarenko, Peter Clarke, Jennifer A. Gong, Angela W. Lee, Kamal Nesfield and Nicholas C.H. Roper.
Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.