Valley Vet Supply Announces Recapitalization Investment

With more than 36 years serving the animal health industry, company looks forward to continuing its legacy, serving customers

Valley Vet Supply is pleased to announce a recapitalization investment by Main Street Capital Corporation (NYSE: MAIN). The investment banking firm, Falls River Group, facilitated the transaction. This investment brings forth the opportunity to pursue growth initiatives that build upon the company’s solid foundation and more than 36 years serving the animal health industry.

“This partnership with Main Street Capital Corporation complements the decades-long success of our company,” said Valley Vet Supply CEO, Omar Hinojosa. “Coupled with the organic growth we’ve achieved over the past several years, Main Street has shown the willingness to pursue other investment opportunities that will create additional inflection points in our future growth.”

Valley Vet Supply is the market leader in serving rural customers via e-commerce, and we credit this to the dedication of our employees who are committed to what they do. Our employees are dedicated to serving our customers and the animals in their care. Valley Vet Supply will remain in Marysville, Kansas, operated by this same great team.”

“We are excited to partner with Omar and the Valley Vet Supply team,” said Main Street Managing Director, Damian Burke. “We have a long history of working with founders, owners and management teams, and look forward to supporting the Valley Vet Supply team as they pursue future growth opportunities.”

In 1985, veterinarians Arnold Nagely, DVM and Ray Shultz, DVM founded Valley Vet Supply to ensure animal owners everywhere had access to medications and other supplies to best care for their animals.

While Drs. Nagely and Shultz practiced at their mixed-animal veterinary clinic in Marysville, Kansas, which opened in 1973, they observed how procuring animal medications was a cumbersome task – especially for those in rural areas. Together, they sought to ensure every animal’s needs were more than met, whether rural or urban. Today, Valley Vet Supply provides horse, livestock and pet owners across the country with thousands of medications, vaccines, tack and quality products through its e-commerce website, catalogs, customer service department and brick & mortar retail store.

Dedicating much of their life toward the company’s success, Drs. Nagely and Shultz will continue serving in their leadership and technical service roles during a transition period, as well as retain significant ownership interest.

“We are very pleased to partner with this quality investor and outstanding management team to help take Valley Vet to the next level,” said co-founder, Dr. Nagely.

To learn more about Valley Vet Supply and its dedication to serving the animal health industry, visit

About Valley Vet Supply
Valley Vet Supply was founded in 1985 by veterinarians to provide customers with the very best animal health solutions. Building on over half a century of experience in veterinary medicine, Valley Vet Supply serves equine, pet and livestock owners with thousands of products and medications hand-selected by Valley Vet Supply founding veterinarians and their professional staff. With an in-house pharmacy that is licensed in all 50 states, and verified through the National Association of Boards of Pharmacy (NABP), Valley Vet Supply is the dedicated source for all things horse, livestock and pet. For more information, please visit

About Main Street Capital Corporation
Main Street ( is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies.  Main Street’s portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors.  Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides “one stop” financing alternatives within its lower middle market investment strategy.  Main Street’s lower middle market companies generally have annual revenues between $10 million and $150 million.  Main Street’s middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies.

Main Street, through its wholly owned portfolio company MSC Adviser I, LLC (“MSC Adviser”), also maintains an asset management business through which it manages investments for external parties. MSC Adviser is registered as an investment adviser under the Investment Advisers Act of 1940.

About Falls River Group
Founded in 1992, FRG is a global Mergers & Acquisition (“M&A”) advisor based in Naples, Florida. FRG’s core capability is sell-side advisory services, generating shareholder wealth for sellers of middle-market companies who seek a proven and confidential process. FRG’s professionals are committed, trusted advisors to their clients and referral partners. The firm’s track record is success, advising in over 400 domestic and cross-border transactions. Falls River Group is the longest standing member of IMAP, a global M&A partnership of nearly 500 advisors in more than 40 countries. In 2020, IMAP closed 218 deals with an aggregate deal value of over $12.5bn.

Media contact: Aimee Robinson / 414-916-3246

Image available with request.