Number of hospitals: 187 (+53 since January 2022) veterinary practices across 35 states Practice eligibility criteria: Ownership agreement: 100 percent sale with an opportunity to continue practising. NVA owns more than 1000 veterinary hospitals and pet resorts in the United States, Canada, Australia, New Zealand and Singapore. ), Professional education and courses for local leaders at Encore Performance Academy, Increased profitability through corporate business support, shared resources, and economies of scale, Relocation bonuses and tuition reimbursements, Comprehensive back-office support (streamlined operations, marketing, HR, accounting, payroll, recruiting, and technology), Centralized backup in operations (plans, operating budgets, buying new equipment and inventory, etc. Practice eligibility criteria: shared core values VetCor controls the administrative part of the business (including accounting, payroll,, etc.) NVA has over 1100 vet practices and pet resorts in America. Committed to the advancement of quality veterinary care, SAGE has established itself as a tight-knit community of talented and thriving veterinarians with a stellar reputation for clinical expertise and a culture of collaboration. JAB Investors consists of JAB Consumer Fund and JAB Holding Company, Founded: in 2019 Ownership agreement: part-ownership model for veterinarians Number of hospitals: 31 Ownership status: acquired by OMERS (PE) in 2019 CPF believes that the most significant societal impact and investment returns from healthcare for the next decade will be generated by investment in delivery model innovation. First, a family of well-known and respected specialty, emergency and general practice veterinary hospitals across the United States. Founded in 1962, OMERS is one of Canadas largest defined benefit National Veterinary Associates (NVA) is second, with about 425 veterinary branches. in the transaction. JAB Investors is comprised of JAB Consumer Fund (JCF), which will be Partner and Co-Head of the Private Equity Group of Ares Management. Business support offered: Website: https://allianceanimal.com/ JAB expands its veterinary hospital holdings with the purchase from two other investors. The companys NVA owns 430 companion animal veterinary hospitals and boarding facilities in the United States and Canada. Ownership status: acquired by The Aspen Group on Aug 16, 2022 Of all these locations, Denmark claims top spot, with the University of Copenhagen moving up four places to now rank joint . Ownership agreement: 100 percent or majority sale to Innovetive PetCare 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. Ares Management Corp. and partner OMERS Private Equity have agreed to sell majority control of the 670-hospital network to another group, JAB Investors. Ownership status: backed by Waud Capital Partners (PE) since 2018 Retention of a clinics brand name, logo, schedule, management, vendors, etc. Founded: in 1995 Business support offered: Website: https://thevetspets.com/ We aim to always exceed expectations, We lead by A team of professional pet care executives to assist partner hospitals in business tasks in the post-transition period. NVA owns more than 1000 veterinary hospitals and pet resorts in the United States, Canada, Australia, New Zealand and Singapore. Recruited COO Greg Hartmann, who became CEO as part of a planned transition from the founder, Recruited and built a business development team to focus on practice acquisition, Amended and upsized existing senior credit facility, providing additional capital to support acquisitions, Recruited two independent board members with healthcare experience, Engaged Summits Peak Performance Group to evaluate new products, including new pet wellness plans that increased same-store-sales. For the love of animals and the people who love them. Ownership status:Investors: D1 Capital Partners And Fidelity Management and Research Company For more information, visit www.nva.com. Moving forward, we feel JAB Investors will be a great partner for Founded: in 2014 by two veterans Paul Habenicht and Nick Lodestro Founded: in 2018 by Dr. Kent Thornberry National Veterinary Associates (NVA) was founded by Dr. Stanley Creighton, DVM, with an emphasis on supporting local medical standards as established by individual hospitals and practitioners.He had a vision to consolidate the fragmented veterinary practice market through an acquisition model that would provide practice management support services while allowing veterinarians to focus on delivering outstanding patient care. Number of hospitals: 36 (+7 since January 2022) emergency 24/7 locations in 12 states For employment verification, please contact Equifax/The Work Number at 877-442-9963 orgo towww.theworknumber.com. Rooted in a culture of compassion and innovation, NVA Compassion-First is NVA's specialty and emergency care group of 1,200+ board-certified specialists and emergency doctors across 85 veterinary centers providing a full range of advanced medical, surgical and specialized services. Founded: in 2022 by Dr. Thomas Scavelli Panera Bread, a leading bakery-cafe company, Pret A Manger, a leading Ownership status: acquired by Nordic Capital (PE) in 2021 Business support offered: Website: https://vetncare.com/ At the same time, selling a practice requires planning ahead and devising the right exit strategy. Number of hospitals: 100 Practice eligibility criteria: Excellent community reputation and shared long term core values Buys in: nationwide Founded: in 2012 by Gino Volpacchio and L. Catterton Number of hospitals: 30 (+20 since January 2022) locations in the Mid-Atlantic region (U.S.) Practice eligibility criteria: team quality and shared values Practice eligibility criteria: General hospitals in dense areas Founded: in 1997 by a private investment group. Eligibility to become an ESOP participant is to work at least 20 hours per week in any of Galaxy Vets settings. Ownership status: backed by Percheron Capital (PE) Back-office services, including finance, accounting, legal, HR, payroll, and marketing. 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. AGOURA HILLS, Calif. & CONCORD, Calif.--(BUSINESS WIRE)--National Veterinary Associates ("NVA"), a global community of 1,150 best-in-class veterinary hospitals and SAGE Veterinary Centers ("SAGE"), a premier provider of specialty and emergency medicine, today announced that SAGE has agreed to join forces with NVA Compassion-First, NVA's specialty and emergency veterinary group. In 2017, VCA, which now owns more than 1,000 vet clinics in North America, was acquired by Mars Inc., the legacy of Americas third-richest family that stands behind confectionery brands including M&Ms, Twix, and Orbit, as well as pet food brands including Pedigree. Please provide the phone number and email address where you would like to be reached. Practice eligibility criteria: Forward-thinking independent practices generating more than $1M in gross revenues. 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. Investors: Goldman Sachs Merchant Banking Division, SkyKnight Capital Fund (PE) and Stonehenge Partners (PE) Business support offered: Website: https://www.destinationpet.com/ Number of hospitals: 9 (+1 since January 2022) Egberts (JDE), the largest pure-play FMCG coffee company in the world, Business support offered: Website: http://veterinaryunited.com/ Ownership status: Privately/employee-owned (ESOP model) We have been privately running for almost 40 years but recently decided to join National Veterinary Associates, who owns many non-branded hospitals throughout the U.S. and other countries. the people who love them and a common mission to improve the comfort ), Customized leadership and mentorship for veterinarians and practice managers, Support in HR (Payroll, Recruiting, Policies/Insurance), Practice oversight provided by Vets Pets Medical Directors, Extensive support in IT, Accounting, Finance, Marketing, The Ultimate CarePackage, a suite of 16 innovative DVM benefits aimed at providing both personal and professional support, Stock option opportunities for all team members, Development and support in the form of experienced leadership and expert consultancy, Practice owners who care about their legacy, staff, clients and patients, Medical practices and protocols are always left in the hands of the veterinarians and their teams, Benefits, including a focus on work-life integration, Roundtable discussions on new trends and developments in veterinary medicine and more. Business support offered: Website: https://www.mypetsvetgroup.com/ Practice eligibility criteria: individually decided Your confidentiality is important to us. Ownership status: acquired by L Catterton 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. If you decide to sell your practice on the spur of the moment, without a sound exit strategy, you risk selling your legacy short and to the wrong people. Ownership status: raised capital from leading venture capital funds (True Ventures and Addition, Founders Fund, and Upfront Ventures) Contact Information Website www.nva.com Ownership Status Acquired/Merged (Operating Subsidiary) Financing Status Private Equity-Backed Primary Industry Other Services (B2C Non-Financial) Practice eligibility criteria: relationship-focused practices Ares Management Corporation is a publicly traded, leading global Business support offered: Website: https://galaxyvets.com/ approach to best serve the needs of their local communities. Founded: in 2017 by Jeff Rothstein, DVM, and Vic Dhillon, DVM NVA partners with over 700 general practice hospitals, and differentiated capital base to partner with management teams of For general inquiries, call 805.777.7722 or fill out our general contact form. Significant Ownership and Lead the Business. Business support offered: Website: https://bluepearlvet.com/ partners, and invests in consumer-focused industries with attractive Buys in: 30+ states the NVA community for the long-term as they continue building a global Founded in 1992, SAGE Veterinary Centers is one of the leading veterinary groups, providing business and clinical support services to veterinary hospitals in Alaska, California, Texas, and Washington. States, Europe, Asia and Australia. Business support offered: Website: https://heartlandvetpartners.com/ Founded: in 2016 by Wesley Godwin We have over 5,500 veterinary professionals that improve the well-being of patients by providing . pet resorts across 43 states in the United States, as well as in Canada, Number of hospitals: 27 (+9 since January 2022) CityVet locations (including boarding/grooming locations under the Ruffit brand and the CityPet Supply store) in Texas and Colorado Number of hospitals: 100+ Ownership status: family-owned Business support offered: Website: https://www.vippetcare.com/ NVA is a growing community of more than 1,400 general practice clinics, emergency hospitals, equine practices, specialty hospitals, and pet resorts. Number of hospitals: 168 (+12 since January 2022) NVA is a leading global veterinary community of more than 1,500 veterinary hospitals and pet resorts united in the love of animals and the people who love them. created. Ownership status: funded by Freeman Spogli & Co and Tailwind Capital Consumer Fund and JAB Holding Company have controlling stakes in Keurig Number of hospitals: 71 (+5 since January 2022) Read Articles Written by Todays Veterinary Business Staff. Business support offered: EverVet Partners supports its hospitals and veterinarians to help each clinic grow and provide best-in-class care to pets and pet parents. 31, 2018. Number of hospitals: prefers not to disclose Business support offered: Website: https://vetevolve.com/ Digital innovation programs - our digital and technology experts enable our hospitals to offer online drug and food ordering, appointment booking and technology to improve hospital operations. And we never lose sight of what is important - pets, their families, our doctors, our people, and championing the advancement of veterinary medicine. Number of hospitals: 1400+(specialty, ER hospitals, and pet resorts) in the U.S., Canada, Australia, and New Zealand Ownership status: owned and led by a small group of vets and vet professionals; Capricorn Healthcare (PE) Business support they offer: Website: https://www.caraveterinary.com/ [] Vet groups buying pet-store-based clinics (, Practice eligibility criteria (features they are looking for in a practice to buy), Ownership agreement with practice owners (100 percent or majority/minority sale, investment opportunities for practice sellers etc.). Buys in: across the US MedVet considers every partnership opportunity individually. Ownership status: funded by SkyKnight Buys in: Ohio, Texas and Georgia Practice eligibility criteria: general and emergency practices Website: https://www.arizonapetvet.com/ platform and leading the industry in innovation and quality of service.. at: http://www.jabholco.com. Approach is not one-size-fits-all, so deals are tailored to individual practices Number of hospitals: 450+ locally branded practices (ranging from preventative/primary pet care to emergency clinics and surgeries) in more than 37 states care. Number of hospitals: 3,700 (+300 since January 2022) community clinic locations and 200+ wellness centers (The company partners with local pet and retail stores to provide affordable preventative and wellness pet care hosted within their facilities. Ownership agreement: partnership OMERS Private Equity, the private equity globally. For more information, visit www.aresmgmt.com. success., I want to thank the Ares Private Equity team and OMERS for their The deal has led VetPartners to leapfrog Greencross Vets which has more than 150 practices to become the biggest veterinary practice owner Down Under. VetValue has many resources for DVM Owners looking to learn more about the practice sale process. Drake, 800-340-6597cdrake@aresmgmt.comorPriscila pension plans, with more than C$97 billion in net assets, as at December Practice eligibility criteria: Ownership agreement: typically a majority sale to AmeriVet, but 100 percent sales and other types of deals are also possible. McAdory Veterinary Clinic. company in the ready-to-eat food market, Peet's Coffee & Tea, a premier Ownership status: a majority interest acquired by Crane Group in 2016 and cash flow characteristics, and proven resiliency. very highest level of veterinary care. We tried to find out these specific details about every veterinary group: The main criteria for inclusion in this list are companies that are actively buying and managing veterinary practices. 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. Website: https://www.carevethealth.com/ Practice eligibility criteria: general and specialty veterinary practices that want to continue their legacies within their local communities retailer of high-quality premium coffee products, Einstein Noah share our belief that the best veterinary care is created by supporting Practice eligibility criteria: profitability, the potential for growth, and cultural fit Practice eligibility criteria: individually decided To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Ownership status: acquired by Audax Private Equity With just one ranked veterinary school each, are Denmark, Switzerland, Sweden, Ireland, Austria, Italy, and new entrant Finland, with the University of Helsinki, which places 110 th in the QS World University Rankings 2019. CityVet Leadership Academy to turn vets into leaders and leaders into owners, Centralized back-office assistance (marketing/communications, finance, HR, construction, and development), High-level standards in veterinary and boarding/daycare, A team of operations specialists and regional managers, Retain the identity and culture of practice, Access our integrated national veterinary network, Career and leadership development opportunities, Comprehensive administration services (including accounting, payroll, banking, taxes, etc. Practice eligibility criteria: Ownership agreement: 100 percent or majority sale to Encore, with stakes in Encore for practice sellers and associates available. Dr Pepper, a leader in the North American beverage market, Jacobs Douwe Practice eligibility criteria: Ownership agreement: individually structured to meet every practices unique needs Practice eligibility criteria: Ownership agreement: Co-ownership (a majority sale to VPP, upfront cash). Business support offered: Website: https://americanveterinarygroup.com/ Get the latest business insights from Dun & Bradstreet. Buys in: Eastern United States Dr. Gretchen Hutts passions include the practice she founded, spending time with her family and traveling the world. Ownership agreement: partnership Practice eligibility criteria: AAHA-accredited and Fear Free-certified vet practices with a top-notch team, culture, and medical standards Buys in: nationwide Number of hospitals: undisclosed