Four Corners Property Trust Healthcare Acquisition | M&A Deal

Four Corners Property Trust has acquired up to 102 veterinary properties, a veterinary real estate business in the United States, for $268 million. The platform acquisition targets single-tenant clinics and related facilities that support veterinary services and recurring lease income. Through Four Corners Property Trust acquisitions, the private equity acquisition strategy expands healthcare M&A exposure in the veterinary sub-sector across multiple markets. The announced platform acquisition is sized over $100 million and is structured to scale holdings via veterinary acquisition of additional locations, with deal terms and timing to be finalized.