The Pet Vet secures £13m refinancing to support expansion

Veterinary group The Pet Vet has completed a £13m refinancing deal with HSBC to fund future growth and continued investment in its 12 UK surgeries.

Founded in 2011 by chairman and founder Dr Rob Jones, the business grew organically to four surgeries in South Yorkshire and Lincolnshire before acquiring The Vet from CVS in 2022, adding a further eight sites and creating a national presence. 

The group has since restructured its operations, created new career pathways for staff and invested in advanced equipment. A 10-month rebranding of the eight acquired sites concluded in February 2025.

The refinancing, arranged with the support of Castle Square Corporate Finance, Race FD Solutions and Parsons Accountants, will be used both to acquire new sites and to upgrade existing surgeries. 

The company said it intends to tailor services to meet the needs of local communities while expanding its clinical offering.

The Pet Vet remains an independent, family-owned business. Jones said the group is committed to maintaining that status for future generations.

Dr Mel Fuller, chief executive of Pet Vet, said: “We’re thrilled to have secured funding through HSBC to support our future growth aspirations. As we expand, our tried and tested model will provide the blueprint for establishing successful new surgeries to complement our existing estate.”

Jones added: “There’s huge ambition for us to be able to offer more advanced treatments, unlock the use of technology to further enhance our customer service and patient care, and to reach new communities. Our aim is to deliver exceptional clinical standards in state-of-the-art surgeries, whilst maintaining our caring, compassionate culture.”