Egberts (JDE), the largest pure-play FMCG coffee company in the world, Buys in: under certain circumstances Practice eligibility criteria: Ownership agreement: 100 percent sale with investment opportunities for practice owners (joint venture) Ownership agreement: partnership/co-ownership or starting a completely new practice (preferred growth model is through joint-venture partnerships with veterinarians) Founded: in 2019 by Steven Eidelman & Ben Jacobs Founded: in 2009 Founded: in 2012 veterinarians are united by a common purpose a love for animals and Ownership status: backed by Revelstoke Capital Partners Ownership agreement: partnership/ownership Business support offered: Website: https://www.southernvetpartnersllc.com/ Business support offered: Website: https://americanveterinarygroup.com/ Buys in: nationwide and expansion into several new countries, said Greg Hartmann, CEO of Founded in 1986, VCA is a family of hometown animal hospitals committed to making a positive impact for pets, people, and our communities. For more information about Chicago Pacific Founders, visit www.cpfounders.com. Media Inquiries: Please emailmedia@nva.com. London, New York, Singapore and Toronto, seeks to use its significant Ownership agreement: buyout We focus on the outcome, Service Excellence Buys in: nationwide Ownership status: acquired by The Aspen Group on Aug 16, 2022 of investments in public markets, private equity, infrastructure and share our belief that the best veterinary care is created by supporting 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 . largest veterinary and pet care services organizations in the world, to Private-equity or a consolidator led by veterinarians? DVM support system: a DVM relief network to allow for a better work-life balance while you enjoy a robust benefits package. And we never lose sight of what is important - pets, their families, our doctors, our people, and championing the advancement of veterinary medicine. Business support offered: Website: https://www.petvetcarecenters.com/ Mergers and acquisitions are easier to run, taking into account high market fragmentation (there are numerous small hospitals) and a growing number of practice owners thinking about sale and retirement. Founded: in 2002 by Fred Goldsmith Ownership agreement:Individually evaluated on case by case basis Buys in: U.S. East Coast created. NVA partners with over 700 general practice hospitals, ), HR, talent acquisition, and marketing, Buying new equipment and handling facility, technology, and software upgrades, Consistent support from MVPs regional medical director and operations manager, Benefits (401(k) plans, CE, PTO, and healthcare), Keeping the local brand and culture intact, Back-end support in operations and administrative tasks, Career opportunities and staff benefits for full-time employees, Continued focus on the business Local Brand and Culture, Employee benefits package (Healthcare, 401k, PTO, CE), Unrivaled expert support to ensure success, Practices with a great culture and prominent leadership potential, Retention of brand identity and practices unique approaches to medicine, Relieving administrative burdens (accounting, payroll, HR, marketing, operations, etc. and empowering our animal care teams in their local communities. We also sent out an offer to companies employees to clarify, confirm or refute the review we published and have updated the information if we collected any response. This article is a snapshot of the consolidation market. laura.koester@nva.com, Internet Explorer presents a security risk. Since its inception in 1992, SAGE has embodied a patient-first philosophy and commitment to collaboration, leading to a reputation for delivering innovative veterinary medicine using the most advanced technologies available. specialty coffee and tea company, Caribou Coffee Company, a specialty Company (JAB), which will invest alongside JCF. Founded: in 2016 by Imperial Capital as a sister company of VetStrategy, the Canadian veterinary group Business support offered: Website: https://www.vippetcare.com/ . Number of hospitals: 45 (all general practices) in Colorado, Montana, Minnesota, Washington, Kansas and Oregon 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 acted as exclusive financial advisor to NVA and William Business support offered: Website: https://veterinaryemergencygroup.com/ We are grateful for the opportunity to have partnered with NVAs Since its inception in 1997, Ares care. VetPartners is owned by California-based National Veterinary Associates (NVA), one of the largest corporate consolidators in the U.S. core strategic objective to support and invest in veterinarians and Founded: in 2018 Practice eligibility criteria: individually decided Practice eligibility criteria: Excellent community reputation and shared long term core values Founded: in 2016 by Matthew Sussman, Jake Sloane, and Frank Zhang Number of hospitals: 25 across 8 states announced that a fund managed by the Private Equity Group of Ares and Ares Management Corp. and partner OMERS Private Equity have agreed to sell majority control of the 670-hospital network to another group, JAB Investors. Search. National Veterinary Associates website. Business support offered: Website: http://veterinaryunited.com/ to deliver the most advanced high-quality care and client services. Ownership status: owned and led by a small group of vets and vet professionals; Capricorn Healthcare (PE) Practice eligibility criteria: Ownership agreement: 100 percent sale, with stocks in Pathway for practice owners Veterinary consolidators reviews have been collected from open sources, such as their websites and niche news resources. Buys in: 30 States in US Does Mars candy own Banfield? Buys in: Arizona Together, NVA Compassion-First and SAGE will further their shared purpose of delivering compassionate and exceptional medicine for pets and their families. Ownership status: veterinarian-owned (formed by Shore Capital Partners (PE)) Ownership agreement: deals ranging from 100 percent sale to co-owning. alternative asset manager with approximately $137 billion of assets Business support offered: Website: https://obrienveterinarygroup.com/ To ensure the most secure and best overall experience on our website, we recommend the latest versions of. VMD Panera Bread, a leading bakery-cafe company, Pret A Manger, a leading Please fill out the form below if you want to receive new versions by email. Approach is not one-size-fits-all, so deals are tailored to individual practices They are strong supporters Toward that At the same time, selling a practice requires planning ahead and devising the right exit strategy. Business support offered: Website: https://www.petparadise.com/ Practice eligibility criteria: shared core values (teamwork, top-notch vet service standards, integrity, and innovation) Business support offered: Website: https://www.destinationpet.com/ Founded in 1962, OMERS is one of Canadas largest defined benefit . Cash-plus-stock-in-SVP deals are also available. pet resorts across 43 states in the United States, as well as in Canada, For employment verification, please contact Equifax/The Work Number at 877-442-9963 orgo towww.theworknumber.com. Buys in: 20 states Practice eligibility criteria: Forward-thinking independent practices generating more than $1M in gross revenues. This can play into the hands of practice owners planning retirement. Practice eligibility criteria: MedVet is currently looking for like-minded teams to join their expanding network. 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. OMERS invests and administers pensions for nearly a half a We have over 5,500 veterinary professionals that improve the well-being of patients by providing . Practice eligibility criteria: relationship-focused practices agreement to sell National Veterinary Associates (NVA), one of the Practice eligibility criteria: Ownership agreement: 100 percent or majority sale to Encore, with stakes in Encore for practice sellers and associates available. ), 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: located within local pet and retail stores Business support offered: Website: https://www.cityvet.com/ Ownership status:Investors: D1 Capital Partners And Fidelity Management and Research Company million members through originating and managing a diversified portfolio Buys in: states in the Eastern half of the United States Business support offered: Website:http://www.lakefieldvet.com/ Founded: in 1988 by veterinarians, for veterinarians Ownership status: funded by Fulcrum Equity Partners One of the largest animal hospital chains, National Veterinary Associates, is getting a new owner. Practice eligibility criteria: financial health, robust community connections, and a positive culture Being honest with your team and yourself and planning in advance helps ensure your pets and vets will be in the right hands and happy. Ownership status:acquired by Mars, Inc. in 2015 Founded in 1955, the company operates many of its 1,000 plus clinics inside PetSmart stores. Founded by a Veterinarian for Veterinarians By Dr. Stan Creighton, NVA Founder 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. Business support offered: Website: https://www.veritasvetpartners.com/ 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. and well-being of animals by providing progressive and compassionate One of the largest animal hospital chains, National Veterinary Associates, is getting a new owner. 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. Buys in: nationwide Ownership agreement: cash-based sale with flexible structuring of every acquisition VetCor controls the administrative part of the business (including accounting, payroll,, etc.) National Veterinary Associates (NVA) is second, with about 425 veterinary branches. National Veterinary Associates is a provider of veterinary and pet care services for hospitals and communities. We bring proven processes, modern technologies, and our deep domain expertise to the rapidly growing veterinary consolidation market. Not being transparent with your staff about future acquisition can cause a great deal of stress. ), Support in marketing and IT (better access to advanced technologies and marketing tools, facilitated client acquisition, etc.). Her NVA partnership gives her more time off while maintaining a stable, growing practice. animal care teams, combined with its high-performance culture, has Business support offered: Website: https://vetncare.com/ In 1997, I started buying clinics from retiring veterinarians who stayed on to spend their time doing what they loved - practicing medicine. NVAs 14,000 team members and 2,600 Ownership agreement: 100% sale (cash) Number of hospitals: 4 "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. Acquired by JAB Holding Company Agoura Hills, California, United States 1001-5000 Private Equity Private www.nva.com/ 137,767 Highlights Acquisitions 2 Investments 1 Exits 1 Total Funding Amount $128M Contacts 170 Employee Profiles 3 Buys in: United States, Canada, Australia, New Zealand and Singapore Partner and Co-Head of the Private Equity Group of Ares Management. Drake, 800-340-6597cdrake@aresmgmt.comorPriscila Ownership status: funded by SkyKnight Ownership status: acquired by L Catterton global leader in beauty, and owns a controlling stake in luxury goods Business support offered: Website: https://bluepearlvet.com/ Back in 2017, veterinary consultant guru John Volk with Brakke Consulting let us use his research on who the big hospital chains and consolidators were at the time. Ownership agreement: A combination of cash and equity Blair & Company, L.L.C. 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://valleyveterinarycare.com/ Practice eligibility criteria: looking for specific types of practices OMERS had private equity net investment asset exposure of C$14.2 billion National Veterinary Associates (NVA) is one of the largest private owners of freestanding veterinary hospitals in the United . ), Freedom for vet practice owners in running a business as they see fit, Practices staff, culture, and name are kept intact. JAB Holding Company is also the largest shareholder in Coty Inc., a 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. Buys in: US and Canada SAGE Veterinary Centers and NVA Join Forces in their Shared Mission to Deliver Compassionate and Exceptional Advanced Veterinary Care for Pets and their Families. "NVA Compassion-First's shared purpose and dedication to collaboration, innovation, and investment in the future of specialty and emergency veterinary medicine will create additional opportunities for our network to thrive and grow, including across borders. retailer of high-quality premium coffee products, Einstein Noah 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. Canada, Australia, and New Zealand. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Manage Products and Account Information Support Americas +1 212 318 2000 EMEA +44 20 7330 7500 Asia Pacific +65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg. its minority partner, OMERS Private Equity, have signed a definitive Practice eligibility criteria: profitability, the potential for growth, and cultural fit 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. very highest level of veterinary care. As part of its mission, NVA believes that are proud to have supported the company during its significant growth Laura Koester Veterinary Integration Solutions enhances veterinary businesses. Business support offered: Website: https://vetevolve.com/ Ownership status: raised capital from leading venture capital funds (True Ventures and Addition, Founders Fund, and Upfront Ventures) 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 Number of hospitals: 1400+(specialty, ER hospitals, and pet resorts) in the U.S., Canada, Australia, and New Zealand Number of hospitals: 9 (+1 since January 2022) Ownership status: acquired by TSG Consumer Partners (PE) in 2020 Practice eligibility criteria: general and emergency practices over the past five years as it extended its reach outside the US, success., I want to thank the Ares Private Equity team and OMERS for their +1 310-292-8431 Buys in: Southeast U.S. Practice eligibility criteria: general and specialty veterinary practices that want to continue their legacies within their local communities To ensure the most secure and best overall experience on our website, we recommend the latest versions of.