Sky News reports that IVC, the Bath-headquartered corporate veterinary group, is putting itself up for sale for a cool £1.5 billion.

IVC was formed in 2011, the result of a merger of several independent veterinary hospitals. Under the leadership of David Hillier, and with backing from Summit Partners in 2014, it grew to over 300 practices before being acquired by the Swedish EQT Partners in January 2017.

In August last year the company merged with Evidensia Group, another veterinary corporate group with practices around Europe, bringing the total to more than 850 clinics and hospitals in eight countries. 

EQT has reportedly now instructed Jefferies Investment Bank to auction the business in the first week of November. 

No word yet on where the auction will take place. If you go, be careful not to scratch your nose at the wrong moment ("1.7 billion from the gentleman at the back. Yes, that's YOU, Sir."). 

PS: Whilst you're here, take a moment to see our latest job opportunities for vet nurses.