Mission Pet Health Acquired by Four Corners Property Trust | Healthcare M&A Deal

Four Corners Property Trust has agreed to acquire Mission Pet Health, a veterinary business in California, for up to $268 million. Mission Pet Health acquisition will expand the operator’s footprint across more than 930 veterinary locations, providing veterinary services nationwide under long-term leasing arrangements. Four Corners Property Trust acquisitions are structured around a platform acquisition model, with MPH expected to remain the long-term tenant across the acquired portfolio. The public company acquisition targets up to 102 healthcare deals CA properties, largely supported by two triple-net master leases, and is expected to close in early Q3 2026 subject to due diligence and customary conditions.