Ownership status: acquired by KKR (PE) in 2017 Website: https://www.carevethealth.com/ Practice eligibility criteria: Ownership agreement: typically a majority sale to AmeriVet, but 100 percent sales and other types of deals are also possible. Dr Pepper, a leader in the North American beverage market, Jacobs Douwe Laura Koester NVA. More . Number of hospitals: 4 Ownership status: backed by Waud Capital Partners (PE) since 2018 Number of hospitals: undisclosed 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. National Veterinary Associates - PitchBook Data Buys in: South and Southeast United States Does Mars candy own Banfield? We bring proven processes, modern technologies, and our deep domain expertise to the rapidly growing veterinary consolidation market. Business support offered: Website: https://www.curopet.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. NVA owns more than 1000 veterinary hospitals and pet resorts in the United States, Canada, Australia, New Zealand and Singapore. National Veterinary Associates: Jobs | LinkedIn Buys in: states where the group already owns hospitals Number of hospitals: over 100 leading specialty and emergency veterinary care hospitals Founded: in 2015 Ownership status: acquired by JAB Investors from Ares Management (PE) and OMERS (PE) in 2019 (JAB also owns Compassion-First Pet Hospitals) Ares Management Agrees to Sell NVA, the Leading Independent Veterinary Business support offered: Website: https://amerivet.com/ For more information, visit www.nva.com. ), Support in marketing and IT (better access to advanced technologies and marketing tools, facilitated client acquisition, etc.). If you are here because you are thinking about selling your practice, make sure you do your homework. acted as an advisor to the selling shareholders Ownership agreement: partnership/co-ownership or starting a completely new practice (preferred growth model is through joint-venture partnerships with veterinarians) Terms of the transaction were not disclosed. Ownership status: raised capital from leading venture capital funds (True Ventures and Addition, Founders Fund, and Upfront Ventures) NVA, owned by German private equity firm JAB, agreed to acquire Sage last year when it had 16 hospitals. Please provide the phone number and email address where you would like to be reached. Number of hospitals: 72 (+9 since January 2022; general practice, specialty, and emergency) in Alabama, Arkansas, Florida, Georgia, Louisiana, Maryland, Massachusetts, Mississippi, New York, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas and Virginia | NVA is the largest private owner of freestanding veterinary hospitals. Can I stay with my practice or this is the end? Buys in: Michigan Birmingham, AL. Of all these locations, Denmark claims top spot, with the University of Copenhagen moving up four places to now rank joint . Find company research, competitor information, contact details & financial data for National Veterinary Associates, Inc. of Lake Havasu City, AZ. Ownership status: PE baked by Harvest Partners, LP and Cressey & Company, LP Buys in: United States, Canada, Australia, New Zealand and Singapore Veterinary Integration Solutions enhances veterinary businesses. Founded: in 2022 by Dr. Thomas Scavelli National Veterinary Associates: Contact Details and Business Profile NVAs 14,000 team members and 2,600 To improve the comfort and well-being of pets by providing progressive and compassionate care. NVA partners with over 700 general practice hospitals, Due to the accelerating pace of veterinary consolidation today, it is hard to estimate the real number of company-owned vet practices. 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. Ownership agreement: partnership 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. 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. The senior management team at National Veterinary Associates will stay with the Agoura Hills, California, company and retain minority ownership. NVA's Mission is To Improve The Comfort & Well-Being Of Animals. Why Practice eligibility criteria: Ownership agreement: 100 percent sale with an opportunity to continue practising. Buys in: above-mentioned states Business support offered: Website: https://www.medvetforpets.com/ VetCor Locations | Veterinary Clinics veterinary hospitals across the United States. McCalla, AL. Practice eligibility criteria: Ownership agreement: flexible acquisition structuring with an employment opportunity for selling veterinarians who want to stay on resorts, and became the largest independent veterinary platform Founded more than 22 years ago, NVA offers a full range of veterinary Founded: in 2016 by George Robinson, DVM National Veterinary Associates Inc - Company Profile and News The group will buy a majority stake in National Veterinary Associates from its private equity owners Ares Management Corporation and OMERS Private Equity, the companies said on Monday in a. NVA owns more than 1000 veterinary hospitals and pet resorts in the United States, Canada, Australia, New Zealand and Singapore. Business support offered: Website: https://www.cityvet.com/ Rooted in a culture of compassion, innovation . Back in 2017, it was over 10 percent (around 3,500 of 32,000), according to the Brakke Consulting estimation and the real numbers change nearly every month. Founded in 1986, VCA is a family of hometown animal hospitals committed to making a positive impact for pets, people, and our communities. After 23 years as a practicing veterinarian, I realized that fewer younger veterinarians were interested in owning a practice, the financial demands, and administrative complexity of running a modern-day hospital. We Ownership agreement: 100 percent sale only (no joint venture models) as long-term family ownership is Cara Veterinarys primary objective 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. NVA owns and partners with over 700 General Practice, Specialty, Emergency, and Equine hospitals, and Pet Resorts in 44 states and five countries. Ownership status: owned by the Moffatt family agreement to sell National Veterinary Associates (NVA), one of the Our animal care ecosystem spans the United States, Canada, Australia, New Zealand, and Singapore. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Founded: in 2018 by George Melillo, VMD and Teresa Fox Canada, Australia, and New Zealand. Ownership status: backed by Revelstoke Capital Partners Together, JAB National Veterinary Associates - Veterinary Job & Externship Fair We invest in innovative medical practices, modernizing the pet parent experience and the well-being of our people. Search. The VIS team will be updating the article when we receive new information regarding vet consolidators. Ownership agreement: part-ownership model for veterinarians Buys in: states in the Eastern half of the United States LOS ANGELES & LUXEMBOURG-- ( BUSINESS WIRE )--Ares Management Corporation (NYSE: ARES) and JAB Investors today announced that a fund managed by the Private Equity Group of Ares and its minority. Partner and Co-Head of the Private Equity Group of Ares Management. in newly-purchased practices. For employment verification, please contact Equifax/The Work Number at 877-442-9963 orgo towww.theworknumber.com. Media Inquiries: Please emailmedia@nva.com. The firm will invest up to $100 million of equity capital per opportunity in growth, minority recap, and buyout transactions for cash flow positive businesses. investment groups in Credit, Private Equity and Real Estate is a market Founded: in 2017 by Bob Singleton Number of hospitals: 1400+(specialty, ER hospitals, and pet resorts) in the U.S., Canada, Australia, and New Zealand Buys in: nationwide Number of hospitals: 100+ hospitals in 30 states Equipment upgrade and facilitated inventory management with Cubex units, Assistance with AAHA accreditation and Fear Free certification, No less than three full-time equivalent veterinarians (DVM), Shared values such as people before profits, accountability, honesty, and continuous improvement, Centralized finance and accounting (payables, payroll, etc. at: http://www.jabholco.com. Hartmann, will maintain a significant minority ownership and will Buys in: across the US global leader in beauty, and owns a controlling stake in luxury goods Practice eligibility criteria: MedVet is currently looking for like-minded teams to join their expanding network. Dramatically increased acquisition pace, adding 150+ veterinary hospitals during Summits investment. Part of the Mars, Incorporated family of companies, Banfield owns clinics in the United States, Mexico, and the United Kingdom. Buys in: the above-mentioned states, as well as Arkansas, Indiana, Delaware, Ohio, Missouri, Oklahoma, West Virginia, and Washington DC Buys in: U.S. East Coast As part of its mission, NVA believes that Following a comprehensive review of potential partners, SAGE and Chicago Pacific Founders, SAGE's investor, selected NVA Compassion-First as the new home for the SAGE network of hospitals. They are strong supporters outstanding management team, said Bennett Rosenthal, Co-Founder, Buys in: Midwest, Mountain West and Florida Number of hospitals: 125+ in 17 states Buys in: Texas, California, Florida Number of hospitals: 330+(95 percent general practice and 5 percent emergency) in Alabama, Florida, Georgia, Mississippi, Kentucky, North Carolina, Louisiana, Maryland, Texas, South Carolina, Virginia, and Tennessee NVA and we wish the NVA team and its animal care teams continued Business support offered: Website: https://www.vippetcare.com/ Buys in: Ohio, Texas and Georgia 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. Ownership status: acquired by Align Capital Partners in 2020 Business support offered: Website: https://galaxyvets.com/ 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. created an ecosystem which attracts exceptional people to provide the Ownership status: acquired by Nordic Capital (PE) in 2021 company in the ready-to-eat food market, Peet's Coffee & Tea, a premier Founded: in 2017 Ownership agreement: custom-tailored to fit a practices unique needs veterinary medicine is best practiced when veterinarians craft their own created. Number of hospitals: 720 (+209 since January 2022) in the world. Ownership agreement: flexible deal structures designed to meet the unique needs of each practice owner NVA is one of the largest veterinary and pet care services organizations Business support offered: Website: https://blueriverpetcare.com/ Retention of a clinics brand name, logo, schedule, management, vendors, etc. We want to thank OMERS Private Equity for their partnership on Number of hospitals: 71 (+5 since January 2022) Number of hospitals: 24 Business support offered: Website: https://innovetivepetcare.com/ ), 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. and MyVCA app, Mentorship, internship/externship programs, and continuing education (both online and onsite), Career growth for associates and corporate positions for vets, vet technicians, and vet managers, Continuing education for vets and technicians. National Veterinary Associates was founded in 1996 by Stanley R. Creighton, DVM, DACVIM. Career growth and exchange of best practices and experience within a supportive team of over 800 vets and veterinary experts. Ownership agreement: cash-based sale and stock options opportunity with flexible structuring of every acquisition success., I want to thank the Ares Private Equity team and OMERS for their Business support offered: Website: https://www.petparadise.com/ Founded: in 2019 For more information about Chicago. Jefferies LLC served as exclusive financial advisor and Katten Muchin Rosenman LLP served as legal counsel to SAGE Veterinary Centers. Ownership status: owned and led by veterinarians, a minority interest acquired by RiverGlade (PE) in 2019 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. services in more than 670 companion animal veterinary hospitals and 70 Reference NVA Employer Code 22264. laura.koester@nva.com, Internet Explorer presents a security risk. For more information, please visit the company's website National Veterinary Associates is a provider of veterinary and pet care services for hospitals and communities. very highest level of veterinary care. Buys in: nationwide Buys in: East of the Mississippi River in the U.S. Ownership status: owned by AEA Investors LP and a wholly owned subsidiary of the Abu Dhabi Investment Authority All rights reserved. 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Cash-plus-stock-in-SVP deals are also available. Founded: in 2012 by Andrew Moffatt, BVSc, MBA, and his wife Joanna Moffatt I could not be more proud of what we started in 1997 and who NVA is today. and well-being of animals by providing progressive and compassionate retailer of high-quality premium coffee products, Einstein Noah NVA is a leading global veterinary community of over 1,150 independently managed veterinary hospitals providing specialty, emergency, and general medical care united in the love of animals and the people who love them. long-term dynamics, including strong growth prospects, attractive margin The company specializes in medical and surgical services, pet boarding and daycare centers, thereby providing progressive and compassionate care for the pets. Practice eligibility criteria: general and emergency practices industry, said David Bell, Partner at JAB Investors. Buys in: within Petco stores in Northern California Ownership status: funded by SkyKnight 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. NVA owns more than 1000 veterinary hospitals and pet resorts in the United States, Canada, Australia, New Zealand and Singapore. core strategic objective to support and invest in veterinarians and Business support offered: Website: https://americanveterinarygroup.com/ continue to lead the business with their deep and personal commitment to Number of hospitals: 5 OMERS Private Equity, the private equity One of the oldest mergers and acquisitions companies, VCA also owns 35 Pet CancerCare Centers and companion animal practices it acquired from CAPNA. Founded:in 2014, by Mollie Hoff, President and Chief Operating Officer We employ talented veterinary and pet care business experts to support our hospitals and resorts with critical business needs including DVM recruiting, HR management, technology, accounting, finance, legal, marketing, and operations. They share our belief that the best veterinary care is created by supporting and empowering our animal care teams in their local communities.. Ownership agreement: partnership/ownership PDF CEO Gregory Hartmann and Senior NVA Management Team to Maintain Practice eligibility criteria: general and specialty veterinary practices that want to continue their legacies within their local communities Founded: in 2019 by Steven Eidelman & Ben Jacobs Business support offered: Website: https://bluepearlvet.com/ Ownership agreement: cash-based sale with flexible structuring of every acquisition Top Universities for Veterinary Science in 2019 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. 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. For employment verification, please contact Equifax/The Work Number at 877-442-9963 orgo towww.theworknumber.com. EMPOWERING OTHERS AND ENABLING GOOD WORK, We lead by Business support they offer: Website: https://www.caraveterinary.com/ NVA is owned by JAB Holdings, a company that is owned by the Reimann family. Business support offered: Website: https://www.encorevet.com/ Number of hospitals: 100+ (including UrgentVet Pet Clinics) in Florida, Georgia, Texas, South Carolina, North Carolina, and Oklahoma The largest private owner of freestanding veterinary hospitals in the U.S. Ares believes each of its three distinct but complementary 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. Stay current with the latest techniques and information Sign up below to start your FREE Todays Veterinary Business subscription today. Founded: in 2014 by David Bessler. Leading Animal Hospital Group NVA Acquires Ethos Veterinary Health
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