All rights reserved. Number of hospitals: 450+ locally branded practices (ranging from preventative/primary pet care to emergency clinics and surgeries) in more than 37 states Business support they offer: Website: https://www.caraveterinary.com/ National Veterinary Associates | LinkedIn Number of hospitals: undisclosed JAB Investors consists of JAB Consumer Fund and JAB Holding Company, NVA. Ownership agreement: 100 percent or majority sale to Innovetive PetCare Buys in: everywhere throughout the U.S. and Canada Robust IT, marketing, accounting, HR, recruiting, and other administrative functions. Practice eligibility criteria: individually decided Founded: in 1999 Having handed the reins of NVA to my friend, Greg Hartmann, I am retired but still active at NVA sharing our founding vision with veterinarians and our NVA family. Empowering local teams through leadership/mentorship opportunities and personal development plans, Continuing education and a wide range of training programs equipping teams with cutting-edge resources on communication, conflict management, and other industry topics, Protection of a hospitals unique identity, culture, community relationships, and medical practices, Employment and equity opportunities for practice sellers. Ownership status: backed by Waud Capital Partners (PE) since 2018 Founded: in 2011 by CEO Rich Lester Our family of 812 exceptional practices reaches from coast to coast in the US and across the border to Canada. National Veterinary Associates - Veterinary Job & Externship Fair Assistance in operations and administrative tasks including management, purchasing, IT, finance/accounting, renovations, equipment upgrades, etc. Practice eligibility criteria: Ownership agreement: 100 percent sale Buys in: East of the Mississippi River in the U.S. Corporate Ownership of Equine Practices - EquiManagement Founded: in 2016 by Matthew Sussman, Jake Sloane, and Frank Zhang Business support offered: Website: https://www.veritasvetpartners.com/ Number of hospitals: 36 (+3 since January 2022; emergency and specialty hospitals) in 15 states (California, Idaho, Utah, Texas, Louisiana, Alabama, North Carolina, Kentucky, Indiana, Illinois, Ohio, Pennsylvania, Michigan, Connecticut, and Virginia) VetCor Locations | Veterinary Clinics Dr. Daniel Holub and Dr. Robert Bauml wanted to cash in on their sweat equity with a partner that respected the way they practiced medicine. Ownership agreement: part-ownership model for veterinarians Number of hospitals: 31 Updated the current number of clinics for 30 groups, Acquired by Rarebreed Veterinary Partners, VetPartners was removed (outside North America). Business support offered: Website: http://veterinaryunited.com/ Number of hospitals: 5 For more information, please visit the company's website This article is a snapshot of the consolidation market. This information will be especially useful for practice owners currently looking to sell their practice. Ownership agreement: 100% sale (cash) Business support offered: Website: https://www.cityvet.com/ Practice eligibility criteria: AAHA-accredited and Fear Free-certified vet practices with a top-notch team, culture, and medical standards Ownership status: acquired by L Catterton McAdory Veterinary Clinic. Find a Hospital. Trusty Vet. Practice eligibility criteria: looking for specific types of practices Story published in April 2021 National Veterinary Associates (NVA) is the largest private owner of freestanding veterinary hospitals in the United States. We develop a team of individual hospitals and pet resorts that share knowledge to achieve sustainable growth. Investors: Goldman Sachs Merchant Banking Division, SkyKnight Capital Fund (PE) and Stonehenge Partners (PE) investment groups in Credit, Private Equity and Real Estate is a market Ownership agreement: sale with a stake in UVC available for practice sellers After selling his practice to NVA in 2012, Dr. John Paulson was committed to his life's passion and continuing to work in the profession he loves. Founded: in 2002 by Fred Goldsmith Ownership status: acquired by PetIQ, Inc. (NASDAQ: PETQ) leader based on assets under management and investment performance. Mendel, 212-397-1030bill@mendelcommunications.comorInvestors:Carl MedVet considers every partnership opportunity individually. Ownership status:Investors: D1 Capital Partners And Fidelity Management and Research Company Founded: in 2017 by David Saginur and Ryan Joseph Ownership status: acquired by Oak Hill Capital Partners (PE) in 2021 and empowering our animal care teams in their local communities. Ownership status: acquired by The Aspen Group on Aug 16, 2022 global leader in beauty, and owns a controlling stake in luxury goods Buys in: 30 States in US Number of hospitals: over 400 general practice, specialty, and emergency veterinary hospitals throughout the US, including 100 THRIVE clinics Dr Pepper, a leader in the North American beverage market, Jacobs Douwe The largest private owner of freestanding veterinary hospitals in the U.S. Business support offered: Recruiting resources, leading compensation and benefit programs for employees, equity opportunities for doctors, continuing education benefits, capital for new facilities and equipment and infrastructure for growth. Ares Management Corp. and partner OMERS Private Equity have agreed to sell majority control of the 670-hospital network to another group, JAB Investors. premium-quality sweet treats, and in Espresso House, the largest branded National Veterinary Associates (NVA) is the largest private owner of freestanding veterinary hospitals in the United States. Reflecting SAGE and NVA Compassion-Firsts strongly aligned approach to veterinary care, SAGE's management, their Founding Veterinarians and Chicago Pacific Founders will roll over a portion of their investment proceeds into stock in NVA as part of the transaction. Contact Information Website www.nva.com Ownership Status Acquired/Merged (Operating Subsidiary) Financing Status Private Equity-Backed Primary Industry Other Services (B2C Non-Financial) NVA Launches Scholarship Program in Partnership with Purdue Veterinary [] Business support offered: Website: https://unitedveterinarycare.com/ Buys in: North Carolina Founded:in 1996 by brothers Neil and Darryl Shaw, DVM, DACVIM. Jacob Osborn - Recruiter - National Veterinary Associates | LinkedIn Quality-focused, clinician-driven culture, Assistance in finance and accounting, reporting, HR, recruitment, purchasing, marketing, business analytics, media relations, IT, and if required onsite management, Clinician-driven model maintained, compliance support with Medical Quality Standards, The requirement to use BluePearls Patient Safety Event Reporting platform one year after acquisition, Participation in clinical studies, with internships and post-DVM training opportunities, Expert back-office assistance (accounting, legal, operations, and marketing), Advanced technology (IT Help Desk, Client Service Center, etc. Dr. Gretchen Hutts passions include the practice she founded, spending time with her family and traveling the world. Ownership status: Privately owned company in the ready-to-eat food market, Peet's Coffee & Tea, a premier National Veterinary Associates: Jobs | LinkedIn Panera Bread, a leading bakery-cafe company, Pret A Manger, a leading range of medical and surgical services. Blair & Company, L.L.C. The company specializes in medical and surgical services, pet boarding and daycare centers, thereby providing progressive and compassionate care for the pets. Veterinary Integration Solutions enhances veterinary businesses. Ares Management Corporation is a publicly traded, leading global Your confidentiality is important to us. ), Assistance in all stages of an employees journey, from recruitment to career development and continuing education, Premises maintenance (leasing, building, repairs, and equipment upgrades), Full support in digital marketing, training, and implementation of innovative technologies, Empowerment of veterinarians to make care decisions for each pet personally at the localhospital level, Opportunities for high-performing associates and practices managers to invest in the community they are helping to grow, allowing them to reap a reward for their commitment; over 100 veterinarian and PM investors to date, From our vetFWD mentorship program to Paid Parental Leave and free 24-hour, 365-day-ayear mental health support, care for our team members goes beyond the essentials, Fully staffed business support center designed to take the operational pressure off the practice so they can focus on delivering excellent care, Reputable practices with a loyal following, Facilities run by vets and staff with a passion for pet care, Support in compliance with the highest standards of medicine, Handling business administration services and letting the local teams focus on premium pet care, Retention and strengthening of a hospitals unique culture, brand, and managerial style. What will happen with my team post-acquisition? Mars is now the owner of nearly 2,000 veterinary practices in North America, about two-thirds of all corporate-owned hospitals in the country. Founded: in 2014 by Jay Price, DVM; Chase Whitworth; DVM, Jeff Falone; DVM, Elizabeth Robinson, DVM, and Barron Lakeman, JD. What makes the veterinary industry so enticing for big corporations? Extensive support in accounting/finance, IT, and marketing, Dedicated personnel to support ongoing talent management, retention, and career development, Partnership with PetMedic urgent care, which provides after-hours relief to overwhelmed emergency hospitals and local veterinarians, Medicine: Full freedom in clinical practices and standards. Business support offered: Website: https://www.destinationpet.com/ Ownership status: owned and led by veterinarians, a minority interest acquired by RiverGlade (PE) in 2019 Our shared values of compassion, teamwork, and innovation will prove essential as we expand our mission to provide best-in-class medicine to pets and their families. being part of the greater whole. The state of veterinary corporatization-dvm360 Ownership agreement: flexible deal structures designed to meet the unique needs of each practice owner Not being transparent with your staff about future acquisition can cause a great deal of stress. NVA has over 1100 vet practices and pet resorts in America. Founded in 1962, OMERS is one of Canadas largest defined benefit Sep 2020 - Present2 years 8 months. Number of hospitals: 11 (+1 since January 2022; all general practice) in California Number of hospitals: 100 Buys in: nationwide Ownership status: acquired by Gryphon Investors (majority stake) in 2020; managed by veterinarians With over 850 veterinarians providing a full range of medical and surgical services at more than 240 hospitals across 39 states, NVA is the largest private owner of freestanding veterinary hospitals in the United States. About National Veterinary Associates (NVA) NVA is a leading global veterinary community of more than 1,400 independently managed veterinary hospitals providing specialty, emergency, and general medical care as well as more than 100 pet resorts. VetPartners is owned by California-based National Veterinary Associates (NVA), one of the largest corporate consolidators in the U.S. Please fill out the form below if you want to receive new versions by email. Laura Koester Number of hospitals: 115 (+12 since January 2022) clinics (general and emergency) in 23 states investing the majority of the equity capital in the transaction as part The companies are listed in chronological order by the year they were established. are proud to have supported the company during its significant growth Practice eligibility criteria: relationship-focused practices We are going to give you the list of veterinary consolidators, which we believe are the most prominent in the market and see how they approach buying vet practices. Practice eligibility criteria: individually decided Maintaining the local brand identity and full clinical autonomy. About Us SAGE is one of the leading veterinary groups in the western United States providing business and clinical support services to 16 locations across four states, including Alaska, California, Texas, and Washington. NVA owns more than 1000 veterinary hospitals and pet resorts in the United States, Canada, Australia, New Zealand and Singapore.
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