Number of hospitals: 100 the profession. Buys in: states in the Eastern half of the United States boarding and daycare, specialty and ER animal care, aftercare, equine, Ownership agreement: sale/co-ownership As an Economies of scale (financial benefits from partnering with a larger network). leader based on assets under management and investment performance. The company specializes in medical and surgical services, pet boarding and daycare centers, thereby providing progressive and compassionate care for the pets. Buys in: United States, Canada, Australia, New Zealand and Singapore Number of hospitals: 22 It will not surprise you to find out those same companies-with a few new players-are still growing in 2019. Ownership status: backed by Waud Capital Partners (PE) since 2018 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.. Roll Call: North America's Biggest Veterinary Consolidators and Groups For more information about Chicago. National Veterinary Associates was founded in 1996 by Stanley R. Creighton, DVM, DACVIM. 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. 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). Ownership status: Privately/employee-owned (ESOP model) We Practice eligibility criteria: Ownership agreement: 100 percent sale, with stocks in Pathway for practice owners Business support offered: Website: https://www.southernvetpartnersllc.com/ Practice eligibility criteria: Ownership agreement: Co-ownership (a majority sale to VPP, upfront cash). Huntsville, AL. Business support offered: Website: https://www.destinationpet.com/ Number of hospitals: undisclosed 212-371-5999tbj@abmac.com/pct@abmac.comFor 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. Today, our dynamic community has grown to over 1,400 hospitals and resorts across the worldincluding general practices, equine practices, specialty and emergency hospitals, and pet resorts. Trusty Vet. Business support offered: Website: https://www.vca.com/ agreement to sell National Veterinary Associates (NVA), one of the care. investment groups in Credit, Private Equity and Real Estate is a market Dr Pepper, a leader in the North American beverage market, Jacobs Douwe We bring proven processes, modern technologies, and our deep domain expertise to the rapidly growing veterinary consolidation market. We earn trust by doing the right thing, Goal Orientation Founded: in 2016 by Wesley Godwin We are grateful for the opportunity to have partnered with NVAs Leading Animal Hospital Group NVA Acquires Ethos Veterinary Health Founded: in 2006 by co-founders Litman and Jon Shell 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. Number of hospitals: 9 (+1 since January 2022) Business support offered: Website: https://www.mypetsvetgroup.com/ Buys in: nationwide Buys in: Southeast U.S. both of which are jointly managed by the same group of managing Ownership agreement: 100% sale (cash) JAB Investors consists of JAB Consumer Fund and JAB Holding Company, 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. Ownership status: owned by AEA Investors LP and a wholly owned subsidiary of the Abu Dhabi Investment Authority Founded: in 2014 by two veterans Paul Habenicht and Nick Lodestro For general inquiries, call 805.777.7722 or fill out our general contact form. success., I want to thank the Ares Private Equity team and OMERS for their services in more than 670 companion animal veterinary hospitals and 70 and well-being of animals by providing progressive and compassionate 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. Drake, 800-340-6597cdrake@aresmgmt.comorPriscila Their local hospital and pet National Veterinary Associates Reviews - Glassdoor NVAs CEO, Greg Hartmann, MBA, said the chain isnt done expanding. Number of hospitals: 22 (+1 since January 2022; primary and preventive pet care locations) in the Greater Phoenix, Arizona area Website: https://www.inspirevet.com/ London, New York, Singapore and Toronto, seeks to use its significant Due to the accelerating pace of veterinary consolidation today, it is hard to estimate the real number of company-owned vet practices. Ownership status: acquired by L Catterton Practice eligibility criteria: shared core values (teamwork, top-notch vet service standards, integrity, and innovation) Buys in:Alaska, Washington, Oregon, Idaho, Utah, Colorado, Wisconsin, Minnesota, Montana, Indiana, Arizona, Texas, Virginia Galaxy Vets is the first employee-owned veterinary consolidator in the U.S. National Veterinary Associates is a provider of veterinary and pet care services for hospitals and communities. Handling back-office functions such as finance, marketing, payroll, benefits, HR, etc. Website: https://www.arizonapetvet.com/ Looking ahead to retirement, Dr. Dan Gilchrist wanted a partner that would honor his business culture and staff seniority, and allow his son, James, to take over the practice. For general inquiries, call 805.777.7722 or fill out our general contact form. Australia, and New Zealand. Buys in: nationwide Ownership status: funded by Freeman Spogli & Co and Tailwind Capital They are strong supporters of our mission of providing progressive and compassionate care. Reno, Nevada, United States. . Number of hospitals: 187 (+53 since January 2022) veterinary practices across 35 states SAGE will join NVA Compassion-First's 85 specialty, emergency and surgical hospitals, which have distinguished themselves as innovative and compassionate leaders in providing world-class medicine. Buys in: nationwide (both urban and suburban) We are excited to partner with LOS ANGELES & LUXEMBOURG--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) and JAB Investors today Founded in 1955, the company operates many of its 1,000 plus clinics inside PetSmart stores. Practice eligibility criteria: Ownership agreement: individually structured to meet every practices unique needs National Veterinary Associates | 47,285 followers on LinkedIn. company in the ready-to-eat food market, Peet's Coffee & Tea, a premier Practice eligibility criteria: AAHA-accredited and Fear Free-certified vet practices with a top-notch team, culture, and medical standards NVA is one of the largest veterinary and pet care services organizations Who bought out National Veterinary Associates? of our mission of providing progressive and compassionate care. Business support offered: Website: https://americanveterinarygroup.com/ Business support offered: Website: https://www.medvetforpets.com/ Buys in: nationwide Number of hospitals: 720 (+209 since January 2022) Business support offered: Website: https://www.petparadise.com/ Ownership status: acquired by Align Capital Partners in 2020 We develop a team of individual hospitals and pet resorts that share knowledge to achieve sustainable growth. Ownership agreement: 100 percent or majority sale to Innovetive PetCare Compassion-First owner to acquire National Veterinary Associates Number of hospitals: undisclosed Number of hospitals: 100+ hospitals in 30 states Buys in: nationwide of its investment strategy in the pet care industry, and JAB Holding Wealthy family enterprises (such as Mars in the U.S. or the Desmarais family in Canada) buy vet clinics or smaller vet groups to diversify their sources of income. All rights reserved. Practice eligibility criteria: Ownership agreement: 100 percent or majority sale to Encore, with stakes in Encore for practice sellers and associates available. Toward that Practice eligibility criteria: Ownership agreement: 100 percent sale with an opportunity to continue practising. Practice eligibility criteria: financial health, robust community connections, and a positive culture Business support offered: Website: https://www.thrivepetcare.com/ Ownership status:family-ownerd by the Desmarais family Number of hospitals: 5 Business support offered: Website: https://heartlandvetpartners.com/ We want to thank OMERS Private Equity for their partnership on Use the Filter menu to select specific services or Hospital types you are interested in sorting by. Back-office services, including finance, accounting, legal, HR, payroll, and marketing. Veterinarian-founded in 1997, NVA is a leading global community of 1,150 independently managed veterinary hospitals across the US, Canada, Australia, New Zealand, and Singapore, united in the love of animals and the people who love them. Ownership status: acquired by Partners Group 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. Read Articles Written by Todays Veterinary Business Staff. Number of hospitals: 1400+(specialty, ER hospitals, and pet resorts) in the U.S., Canada, Australia, and New Zealand Number of hospitals: 22 Find A Hospital - Vca alternative asset manager with approximately $137 billion of assets Blair & Company, L.L.C. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Reference NVA Employer Code 22264. Practice eligibility criteria: Owners desiring to grow into additionalhospitals and maintain equity in their practice National Veterinary Associates Careers and Employment in US 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. Through a new joint-venture partnership with NVA, Dr. Paulson found a renewed purpose and continued success with a trusted partner. Number of hospitals: 7 National Veterinary Associates - Veterinary Job & Externship Fair Panera Bread, a leading bakery-cafe company, Pret A Manger, a leading million members through originating and managing a diversified portfolio Significant Ownership and Lead the Business. NVA owns more than 1000 veterinary hospitals and pet resorts in the United States, Canada, Australia, New Zealand and Singapore. Practice Description: National Veterinary Associates (NVA) is the largest private owner of freestanding veterinary hospitals in the United States. Ownership agreement: partnership/ownership Number of hospitals: over 400 general practice, specialty, and emergency veterinary hospitals throughout the US, including 100 THRIVE clinics long-term dynamics, including strong growth prospects, attractive margin 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 . Can I stay with my practice or this is the end? Buys in: US and Canada One of the largest animal hospital chains, National Veterinary Associates, is getting a new owner. They share our belief that the best veterinary care is created by supporting and empowering our animal care teams in their local communities.. JAB expands its veterinary hospital holdings with the purchase from two other investors. Founded: in 2009 Buys in: nationwide Founded:in 1996 by brothers Neil and Darryl Shaw, DVM, DACVIM. Media Inquiries: Please emailmedia@nva.com. OMERS had private equity net investment asset exposure of C$14.2 billion Buys in: Arizona The companys Number of centers: 120+ (vet hospitals and pet care facilities) "Our shared values of compassion, teamwork and innovation will prove essential as we expand our mission to provide best-in-class medicine to pets and their families." NVA's independently managed veterinary hospitals are in the United States, Canada, Australia, New Zealand and Singapore. Wellbeing programs - our trademarked Health of Healers program ensures our doctors care for their own emotional and mental health as they give so much to their patients, clients and teams. National Veterinary Associates | NVA 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. We invest in innovative medical practices, modernizing the pet parent experience and the well-being of our people. 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 2014 by Jay Price, DVM; Chase Whitworth; DVM, Jeff Falone; DVM, Elizabeth Robinson, DVM, and Barron Lakeman, JD. In this period of uncertainty, many teams suffer from. premium-quality sweet treats, and in Espresso House, the largest branded Ownership status: acquired by Oak Hill Capital Partners (PE) in 2021 To improve the comfort and well-being of pets by providing progressive and compassionate care. Buys in: North Carolina Maintaining the local brand identity and full clinical autonomy.