Birmingham, AL. success., I want to thank the Ares Private Equity team and OMERS for their Buys in: US Ownership status: backed by Waud Capital Partners (PE) since 2018 The largest private owner of freestanding veterinary hospitals in the U.S. National Veterinary Associates website. Ownership agreement: partnership/ownership National Veterinary Associates - PitchBook Data Founded: in 2021 Ownership status: acquired by Partners Group Veterinary consolidators reviews have been collected from open sources, such as their websites and niche news resources. Simply stated, a veterinary consolidation is a form of investment when bigger veterinary groups buy smaller ones (or just vet practices directly) to boost profits and often re-sell a revitalized business in 5-7 years. Robust IT, marketing, accounting, HR, recruiting, and other administrative functions. Sep 2020 - Present2 years 8 months. JAB Investors. Founded: in 2016 by Imperial Capital as a sister company of VetStrategy, the Canadian veterinary group Practice eligibility criteria: Ownership agreement: 100 percent sale, with stocks in Pathway for practice owners 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) Founded: in 2011 by CEO Rich Lester veterinary medicine is best practiced when veterinarians craft their own Ownership status: a majority interest acquired by Crane Group in 2016 Ownership status: family-owned FTC Takes Second Action Against JAB Consumer Partners to Protect Pet National Veterinary Associates hiring Veterinarian in Buffalo, New York 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. Every day I work to honor Stans vision of creating a community where veterinarians thrive and outstanding veterinary hospitals and resorts deliver progressive and compassionate care to pets and their families. NVA:Laura Koester+1 310-292-8431laura.koester@nva.com, Internet Explorer presents a security risk. Contact Information Website www.nva.com Ownership Status Acquired/Merged (Operating Subsidiary) Financing Status Private Equity-Backed Primary Industry Other Services (B2C Non-Financial) Jefferies LLC served as exclusive financial advisor and Katten Muchin Rosenman LLP served as legal counsel to SAGE Veterinary Centers. Business support offered: Website: https://www.petvetcarecenters.com/ Founded in 1955, the company operates many of its 1,000 plus clinics inside PetSmart stores. One of the largest animal hospital chains, National Veterinary Associates, is getting a new owner. Number of hospitals: 45 (all general practices) in Colorado, Montana, Minnesota, Washington, Kansas and Oregon Founded: in 1986 by Bob Antin, Art Antin, and Neil Tauber Ownership status: backed by Revelstoke Capital Partners All rights reserved. Practice eligibility criteria: Ownership agreement: individually structured to meet every practices unique needs Trusty Vet. million members through originating and managing a diversified portfolio What will happen with my team post-acquisition? its minority partner, OMERS Private Equity, have signed a definitive Business support offered: Website: https://www.cityvet.com/ Summit has played a vital role in strengthening NVA on many fronts from escalating our acquisitive capabilities to introducing new products years ahead of industry trends.. Number of hospitals: 168 (+12 since January 2022) Ares Management Corp. and partner OMERS Private Equity have agreed to sell majority control of the 670-hospital network to another group, JAB Investors. NVA. Business support offered: Website: https://bluepearlvet.com/ Ownership status: owned by AEA Investors LP and a wholly owned subsidiary of the Abu Dhabi Investment Authority McCalla, AL. National Veterinary Associates (NVA) is second, with about 425 veterinary branches. 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. Business support offered: Website: https://www.thrivepetcare.com/ Founded: in 2007 by Frank Batten, DVM and Steve Thomas Number of hospitals: 1,000+ hospitals in the U.S., Canada, Brazil, and Japan (primary care 90 percent, specialty 10 percent). Your confidentiality is important to us. One of the oldest mergers and acquisitions companies, VCA also owns 35 Pet CancerCare Centers and companion animal practices it acquired from CAPNA. Taking on someones veterinary clinic was a responsibility my team and I did not take lightly. Practice eligibility criteria: AAHA-accredited and Fear Free-certified vet practices with a top-notch team, culture, and medical standards Buys in: Eastern United States national veterinary associates address - isi-mtl.com Ownership status: funded by Freeman Spogli & Co and Tailwind Capital Hospital support: Assistance with all the back office functions (marketing, human resources, etc. outstanding partnership as we entered into new pet care lines including Business support offered: Provides services such as general medicine, dental care, diagnostic tests, surgeries, emergency and critical care, and pharmacy as well as preventative medicine through a variety of Wellness Plans. JAB Holding Company is also the largest shareholder in Coty Inc., a Terms of the transaction were not disclosed. 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. People-centric culture, a data-driven approach to successful employee experience and burnout prevention strategy based on years of research in organizational psychology and healthcare that addresses the key causes of burnout in veterinary teams. For general inquiries, call 805.777.7722 or fill out our general contact form. National Veterinary Associates Reviews - Glassdoor and differentiated capital base to partner with management teams of Number of hospitals: 25 across 8 states Buys in: everywhere throughout the U.S. and Canada Business support offered: Website: https://vetevolve.com/ Annual off-site events for sharing best practices, collaboration, and continuing education, Non-clinical, administrative services such as finance, operations, accounts payable, procurement, marketing, HR, and IT, Not interfering in medicine or formulary but instead, bringing benefits of scale and relief from operational burdens, letting practices keep serving their communities in their unique way, Well-run clinics with exceptional teams and a passion for animals, Hospitals with 2+ DVMs who are looking to adapt and grow their business, Partner Owners who want to stay invested in their practices, both emotionally and financially, Administrative support in areas including payroll, vendor relations, marketing, operations, HR, and IT, Profit-sharing plans for owners who stay with the practice, 401(k) employer-sponsored retirement plan, Significant cost savings on supplies due to economies of scale. Skadden, Arps, Slate, Meagher & Flom LLP, and Crowell & Moring LLP provided legal counsel to NVA. "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. 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. Use the Filter menu to select specific services or Hospital types you are interested in sorting by. Founded: in 2009 by Dan Blumenthal, Roy Jain, and Ferdie Schmitz Founded: in 2009 NVA is one of the largest veterinary and pet care services organizations are proud to have supported the company during its significant growth Industry leading recruiting program - our seasoned recruiters are experts in hiring exceptional doctors and critical staff including hard to find veterinary specialists like neurologists, surgeons and internal medicine. Ownership status: 100% owned by the founding family and veterinarians Her NVA partnership gives her more time off while maintaining a stable, growing practice. Website: https://evervetpartners.com/ platform and leading the industry in innovation and quality of service.. Buys in: nationwide Your confidentiality is important to us. For the love of animals and the people who love them. Ownership status: acquired by L Catterton Mendel, 212-397-1030bill@mendelcommunications.comorInvestors:Carl Business support offered: Website: https://innovetivepetcare.com/ Website: https://www.arizonapetvet.com/ Jacob Osborn - Recruiter - National Veterinary Associates | LinkedIn of investments in public markets, private equity, infrastructure and To ensure the most secure and best overall experience on our website, we recommend the latest versions of. From the first successful acquisition of an animal clinic by VCA back in 1987, other big players followed the example, and the number of veterinary consolidators started to grow exponentially. To improve the comfort and well-being of pets by providing progressive and compassionate care. Buys in: US and Canada Practice eligibility criteria: shared core values Business support offered: Website: https://cvpco.com/ A team of professional pet care executives to assist partner hospitals in business tasks in the post-transition period. Founded: in 2017 by Bob Singleton ), Freedom for vet practice owners in running a business as they see fit, Practices staff, culture, and name are kept intact. Private equity (PE) backed consolidators (. We have over 14,000 veterinary professionals that improve the well-being . Buys in: across the US Practice eligibility criteria: MedVet is currently looking for like-minded teams to join their expanding network. 2023 Summit Partners. NVA owns and partners with over 700 General Practice, Specialty, Emergency, and Equine hospitals, and Pet Resorts in 44 states and five countries. Summit Partners | Companies | National Veterinary Associates Dramatically increased acquisition pace, adding 150+ veterinary hospitals during Summits investment. When Stan entrusted me with the role of CEO, I was humbled and excited. Founded in 1986, VCA is a family of hometown animal hospitals committed to making a positive impact for pets, people, and our communities. Ownership agreement: partnership Website: https://www.modernanimal.com/ Find a Hospital. Business support offered: Website: https://valleyveterinarycare.com/ 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.) EMPOWERING OTHERS AND ENABLING GOOD WORK, We lead by Founded: in 2017 by David Saginur and Ryan Joseph Ownership status: acquired by JAB Investors from Ares Management (PE) and OMERS (PE) in 2019 (JAB also owns Compassion-First Pet Hospitals) Founded: in 2016 by Matthew Sussman, Jake Sloane, and Frank Zhang Business support offered: Website: https://www.nva.com/ Ownership agreement: sale/co-ownership CEO Gregory Hartmann and Senior NVA Management Team to Maintain Ares believes each of its three distinct but complementary Ownership agreement: partnership 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. Number of hospitals: over 100 leading specialty and emergency veterinary care hospitals JAB Holding Co. Leading Animal Hospital Group NVA Acquires Ethos Veterinary Health outstanding management team, said Bennett Rosenthal, Co-Founder, Ownership status: acquired by Mars, Inc. in 2017 PDF CEO Gregory Hartmann and Senior NVA Management Team to Maintain To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Jefferies LLC acted as exclusive financial advisor to NVA and William Ownership status: employee-owned and veterinarianled. 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. We earn trust by doing the right thing, Goal Orientation This collaborative approach allows each individual hospital and pet resort to do what they do best - service their local community with compassionate, best-in-class care and medicine, to enhance the lives of the animals they love. National Veterinary Associates, Inc. Company Profile | Lake Havasu City Due to the accelerating pace of veterinary consolidation today, it is hard to estimate the real number of company-owned vet practices. LOS ANGELES & LUXEMBOURG--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) and JAB Investors today Ownership status: veterinarian-owned (formed by Shore Capital Partners (PE)) Efficient backup in non-clinical, administrative functions such as accounting and finance, HR, inventory management, marketing, talent acquisition, etc. Founded in 1962, OMERS is one of Canadas largest defined benefit +1 310-292-8431 Founded: in 2018 by Ted Sprinkle, DVM, Lance Sprinkle, and Bo Iler Ownership status:family-ownerd by the Desmarais family as at December 31, 2018. NVA partners with over 700 general practice hospitals, 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.". in newly-purchased practices. Sharing a love of animals and the people who love them, NVA and Ethos are committed to deliver exceptional care to more patients and elevate the veterinary profession like we have done for more than 25 years. National Veterinary Associates | 53,768 followers on LinkedIn . 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. NVA and we wish the NVA team and its animal care teams continued JAB Investors consists of JAB Consumer Fund and JAB Holding Company, Founded: in 1999 retailer of high-quality premium coffee products, Einstein Noah NVA, now top dog in Australia, sizes up more practices partners, and invests in consumer-focused industries with attractive Buys in: North Carolina Number of hospitals: 22 (+1 since January 2022; primary and preventive pet care locations) in the Greater Phoenix, Arizona area We have over 14,000 veterinary professionals that improve the. Number of hospitals: 30 (+20 since January 2022) locations in the Mid-Atlantic region (U.S.) Our combined resources will expand our collective ability to support and enable our incredible veterinarians and clinical teams in all the communities we serve. Practice eligibility criteria: shared core values (teamwork, top-notch vet service standards, integrity, and innovation) 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. investment arm of OMERS with a team of investment professionals in Leading Animal Hospital Group NVA Acquires Ethos Veterinary Health September 9, 2021 Admin National Veterinary Associates (NVA) which owns nearly 1,200 independently managed veterinary hospitals providing specialty, emergency, and general medical care for pets has recently ANNOUNCED the acquisition of Ethos Veterinary Health (Ethos). VetCor Locations | Veterinary Clinics Buys in: East of the Mississippi River in the U.S. We are excited to partner with Founded: in 2019
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