TPG Twin Brook has increased its credit facilities to Western Veterinary Partners, a Tyree & D’Angelo Partners (TDP) portfolio company.
WVP operates over 250 veterinary hospitals across more than 35 states, with estimated annual revenues of nearly $290 million and EBITDA of more than $100 million.
TPG Twin Brook has led seven facility upsizings, increasing the total debt offered to WVP to over $700 million.
TPG Twin Brook focuses on loans to private equity-owned companies, while TDP makes control investments in North American-based companies.