well-known and respected specialty, emergency and general practice 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. We are proud to have supported the company during its significant growth over the past five years as it extended its reach outside the U.S., accelerated its acquisitions, invested in new pet segments such as pet resorts, and became the largest independent veterinary platform globally, said Ares Management co-founder Bennett Rosenthal, MBA. pension plans, with more than C$97 billion in net assets, as at December National Veterinary Associates website. Your confidentiality is important to us. Buys in: Bay Area, Pacific Northwest, and Rocky Mountains Taking on someones veterinary clinic was a responsibility my team and I did not take lightly. outstanding management team, said Bennett Rosenthal, Co-Founder, Buys in: across the US Practice eligibility criteria: MedVet is currently looking for like-minded teams to join their expanding network. alternative asset manager with approximately $137 billion of assets Founded:in 1996 by brothers Neil and Darryl Shaw, DVM, DACVIM. veterinary medicine is best practiced when veterinarians craft their own Eligibility to become an ESOP participant is to work at least 20 hours per week in any of Galaxy Vets settings. Buys in: Texas, California, Florida Ownership agreement:Individually evaluated on case by case basis Business support offered: Website: https://www.nva.com/ Ownership agreement: cash-based sale with flexible structuring of every acquisition Founded: in 2017 by Jeff Rothstein, DVM, and Vic Dhillon, DVM Practice eligibility criteria: Excellent community reputation and shared long term core values National Veterinary Associates Overview Website: www.nva.com Headquarters: Agoura Hills, United States Size: 10000+ Employees Founded: 1996 Type: Company - Private Industry: Pet Care & Veterinary Revenue: Unknown / Non-Applicable Competitors: Banfield Pet Hospital, BluePearl Specialty + Emergency Pet Hospital, VCA Create Comparison VCA Antech . Practice eligibility criteria: located within local pet and retail stores specialty coffee and tea company, Caribou Coffee Company, a specialty 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. NVA Welcomes SAGE Veterinary Centers to its Family globally. ), 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. ), 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. . Earlier in 2019, JAB Investors bought its way into the veterinary industry with the $1.2 billion purchase of Compassion-First Pet Hospitals, which at the time operated 41 specialty, emergency and general practices and today has 42. Business support offered: Website: https://www.vetpartners.com/ One of the oldest mergers and acquisitions companies, VCA also owns 35 Pet CancerCare Centers and companion animal practices it acquired from CAPNA. Business support offered: Website: https://obrienveterinarygroup.com/ 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. And we believed the best medicine is practiced when local veterinarians craft their own medical approach, so when a hospital joined NVA, we kept the culture, people, and the name intact. What type of buyout am I to choose? For more information about Chicago. For more information, please visitwww.omersprivateequity.com. JAB Holding Co. We care about the communities we serve and every pet within them, not just those we see in our hospitals. Mendel, 212-397-1030bill@mendelcommunications.comorInvestors:Carl Business support offered: Website: https://unitedveterinarycare.com/ By partnering with NVA, we can help you successfully navigate the business side of veterinary medicine. Buys in: nationwide (both urban and suburban) and cash flow characteristics, and proven resiliency. National Veterinary Associates (NVA) is second, with about 425 veterinary branches. NVA expansion in US hits antitrust snag - News - VIN NVA is owned by JAB Holdings, a company that is owned by the Reimann family. Read Articles Written by Todays Veterinary Business Staff. Ownership agreement: partnership/co-ownership or starting a completely new practice (preferred growth model is through joint-venture partnerships with veterinarians) Business support offered: Website: https://www.thrivepetcare.com/ Moving forward, we feel JAB Investors will be a great partner for NVA owns 430 companion animal veterinary hospitals and boarding facilities in the United States and Canada. NVA, now top dog in Australia, sizes up more practices Practice Description: National Veterinary Associates (NVA) is the largest private owner of freestanding veterinary hospitals in the United States. Ownership status: backed by Revelstoke Capital Partners The companys Business support offered: Website: https://innovetivepetcare.com/ 31, 2018. Of all these locations, Denmark claims top spot, with the University of Copenhagen moving up four places to now rank joint . Number of hospitals: 100+ (including UrgentVet Pet Clinics) in Florida, Georgia, Texas, South Carolina, North Carolina, and Oklahoma "We are thrilled to welcome the SAGE team and their Founding Doctors to the NVA Compassion-First family," said Greg Hartmann, Chief Executive Officer of NVA. Business support offered: Website: https://www.vetcor.com/ specialty + ER hospitals, equine hospitals, and pet resorts in the U.S., 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. Founded more than 22 years ago, NVA offers a full range of veterinary Founded: in 1995 long-term dynamics, including strong growth prospects, attractive margin Ownership status: acquired by Oak Hill Capital Partners (PE) in 2021 Media Inquiries: Please emailmedia@nva.com. Trusty Vet. Retirement plan at no cost to employees ESOP contributions have no impact on employees take-home pay, and as share prices grow, so does their retirement fund. 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. For general inquiries, call 805.777.7722 or fill out our general contact form. With NVA, the clinics business has almost doubled. National Veterinary Associates | NVA For the love of animals and the people who love them A community united by a single purpose NVA is a leading global veterinary community of more than 1,400 veterinary hospitals and pet resorts united in the love of animals and the people who love them. outstanding partnership as we entered into new pet care lines including Ownership status: Privately/employee-owned (ESOP model) Her NVA partnership gives her more time off while maintaining a stable, growing practice. JAB expands its veterinary hospital holdings with the purchase from two other investors. Founded: in 1984 NVA owns more than 1000 veterinary hospitals and pet resorts in the United States, Canada, Australia, New Zealand and Singapore. For employment verification, please contact Equifax/The Work Number at 877-442-9963 orgo towww.theworknumber.com. SHOWING OUR ENTHUSIASM AND PASSION FOR OUR WORK, We lead by Buys in: North Carolina Get the latest business insights from Dun & Bradstreet. Hear from practice owners and veterinarians who have chosen NVA as their trusted partner and community. Number of hospitals: 30 (+20 since January 2022) locations in the Mid-Atlantic region (U.S.) Founded: in 2016 by George Robinson, DVM Number of hospitals: 27 practices We focus on the outcome, Service Excellence Founded: in 2012 Panera Bread, a leading bakery-cafe company, Pret A Manger, a leading Number of hospitals: 187 (+53 since January 2022) veterinary practices across 35 states If youd like to update any information on this page, suggest an edit, or have your group added to the list, please reach out to info@vetintegrations.com. Join the National Veterinary Associates team See Our Latest Jobs 5.0 Current Employee One of the better corporations Mar 9, 2023 - Practice Manager Recommend CEO Approval Business Outlook Pros One of the few veterinarian corporations that will act like a silent partner and not attempt to make too many changes to your hospital. Business support offered: Website: https://www.mypetsvetgroup.com/ For more information, visit www.nva.com. I am confident that our talented veterinary, clinical and business support teams, patients, and their families will see significant benefits from joining NVA Compassion-First.". JAB Holding Company is also the largest shareholder in Coty Inc., a Extensive support in finance and accounting, HR, IT, and marketing, Practice management software with an extensive set of features (online scheduling, patient portals, voice notes, text messaging, etc.) Consumer Fund and JAB Holding Company have controlling stakes in Keurig Veterinary Integration Solutions enhances veterinary businesses. Through a new joint-venture partnership with NVA, Dr. Paulson found a renewed purpose and continued success with a trusted partner. Corporate Ownership of Equine Practices - EquiManagement Ownership status: acquired by Align Capital Partners in 2020 Join a community of like-minded professionals dedicated to collaboration, innovation, and professional development. We are excited to partner with ), Support in marketing and IT (better access to advanced technologies and marketing tools, facilitated client acquisition, etc.). Buys in: Ohio, Texas and Georgia Business support offered: Website: https://thevetspets.com/ Veterinary practice consolidation is progressing, and in the upcoming years, we are likely to see more private equity firms buying practices which will be eventually swallowed up by even bigger corporations. Ownership status: owned by AEA Investors LP and a wholly owned subsidiary of the Abu Dhabi Investment Authority global leader in beauty, and owns a controlling stake in luxury goods Business support offered: Website: https://vetncare.com/ Please provide the phone number and email address where you would like to be reached. Founded: in 2006 by co-founders Litman and Jon Shell London, New York, Singapore and Toronto, seeks to use its significant Buys in: above-mentioned states and California National Veterinary Associates - Crunchbase Company Profile & Funding To improve the comfort and well-being of pets by providing progressive and compassionate care. Number of hospitals: 22 (+1 since January 2022; primary and preventive pet care locations) in the Greater Phoenix, Arizona area NVA says this on their facebook page. Please fill out the form below if you want to receive new versions by email. VIP Pet Care handles the medical side, providing a variety of vet services such as diagnostic testing, vaccinations, microchipping, and prescription medications. States, Europe, Asia and Australia. Improved operational efficiency through HQ-staffed telehealth and hands-on growth lever implementation, including centralized recruiting, vendor management, inventory management, and workflow optimization. Handling back-office functions such as finance, marketing, payroll, benefits, HR, etc. With approximately $1.0 billion of assets under management, CPF's leadership team is made up of former healthcare CEOs and senior executives with a passion and track record of building healthcare businesses. They share our belief that the best veterinary care is created by supporting and empowering our animal care teams in their local communities.. Buys in: under certain circumstances Assistance with business functions (finance, marketing, recruiting, HR, vendor contracting, operations, etc), Retention of a practices unique culture and management, A co-owner stays with their practice as a leader, with full independence in patient care, High clinical standards (AAHA-accredited), At least one and a half full-time vets (DVMs), Intensive HR support to help staff adapt during the transition, Owners and staff committed to stay and work at the hospital upon acquisition, A reputable practice with high ethical standards and satisfied clients, Handling administrative work (finance, accounting, marketing, IT, payroll, HR, recruitment, purchasing, and legal services), Independence in clinical decision-making and local management, Well-established practice with a strong reputation, Running the business side (from manufacturer/vendor relationships to marketing, accounting, and finance) letting a hospital focus entirely on the medical side, Leveraging industrys best liquidity, sustainability plans, and exit strategies, Staff development including talent recruitment, retention, and continuing education, Improving care plans through the implementation of veterinary expertise, Amplifying impact in the community through leadership and stewardship, Networking with other successful vets and vet professionals across the VetEvolve veterinary group, Pet care quality and customer service excellence, Dedicated back-office (accounting, finance, operations, recruitment, HR, IT, purchasing, data reporting and analysis, marketing, and sales), Fully changeover the hospital to VEG systems, IT hardware infrastructure, PIMS, branding, and interior layout, Making acquired hospitals look as similar to their de novos as possible, Centralized finance, payroll, marketing, HR, recruiting, purchasing, vendor negotiation, and inventory management, Training and development opportunities for staff (including Innovetive Leadership Summits and Innovetive University), Back-office services including finance, accounting, legal, HR, payroll, and marketing, Economies of scale in purchasing and systems, Hand-off approach to medicine; retention of brand, team, and culture, Learning and mentorship opportunities through American Veterinary Academy, Sharing of resources and best practices across the network of member hospitals, Opportunity to stay with the practice, post-sale, Retention of a practices unique culture, legacy in a community, and clinical approaches. Lunch and learn (onsite lectures by vet specialists tailored to meet individual hospitals needs). Practice eligibility criteria: AAHA-accredited and Fear Free-certified vet practices with a top-notch team, culture, and medical standards Ares Management Corp. and partner OMERS Private Equity have agreed to sell majority control of the 670-hospital network to another group, JAB Investors. "This combination marks an important step towards our vision to build the leading global specialty and emergency veterinary hospital group affording veterinarians the opportunity to collaborate and advance medical capability. 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. Founded: in 2019 by Lukas Keindl, Mo Punjani, and Zay Satchu The company specializes in medical and surgical services, pet boarding and daycare centers, thereby providing progressive and compassionate care for the pets. It has since been ordered by the Federal Trade Commission to sell six hospitals due to competition concerns. We develop a team of individual hospitals and pet resorts that share knowledge to achieve sustainable growth. 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. Buys in: nationwide Number of hospitals: 115 (+12 since January 2022) clinics (general and emergency) in 23 states Our animal care ecosystem spans the United States, Canada, Australia, New Zealand, and Singapore. Their local hospital and pet OMERS had private equity net investment asset exposure of C$14.2 billion National Veterinary Associates Reviews - Glassdoor This explains the staggering number of locations the group owns.) Turn your love of animals into the career of a lifetime. Founded: in 1988 by veterinarians, for veterinarians NVA, owned by German private equity firm JAB, agreed to acquire Sage last year when it had 16 hospitals. We believe medicine is best practiced when . Founded: in 2018 by George Melillo, VMD and Teresa Fox Number of hospitals: nearly 100 veterinary practices across the Mid-American and Southern markets Hands-off approach to medicine (not interfering in medical decisions and local management).Well-being programs, benefits, and decent compensation, Clinical freedom while maintaining significant vet ownership at their local clinic. Practice eligibility criteria: Ownership agreement: From 51 percent to 100 percent sale (majority to SVP).

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