Founded: in 2018 The state of veterinary corporatization-dvm360 investment groups in Credit, Private Equity and Real Estate is a market Handling back-office finance and accounting such as accounts payable, payroll, tax, financial reports, etc. ), Support in marketing and IT (better access to advanced technologies and marketing tools, facilitated client acquisition, etc.). and provides a hospital with support in HR, marketing, facilities, and general management. delivering strong risk-adjusted investment returns throughout market Practice eligibility criteria: team quality and shared values States, Europe, Asia and Australia. Handling back-office functions such as finance, marketing, payroll, benefits, HR, etc. We earn trust by doing the right thing, Goal Orientation Drake, 800-340-6597cdrake@aresmgmt.comorPriscila the profession. VIP Pet Care handles the medical side, providing a variety of vet services such as diagnostic testing, vaccinations, microchipping, and prescription medications. Ownership status: acquired by PetIQ, Inc. (NASDAQ: PETQ) McCalla, AL. Buys in:Alaska, Washington, Oregon, Idaho, Utah, Colorado, Wisconsin, Minnesota, Montana, Indiana, Arizona, Texas, Virginia 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. Find company research, competitor information, contact details & financial data for National Veterinary Associates, Inc. of Lake Havasu City, AZ. National Veterinary Associates (NVA) is one of the largest private owners of freestanding veterinary hospitals in the United . Founded: in 1999 Buys in: US and Canada Business support offered: Website: https://allianceanimal.com/ National Veterinary Associates, Inc. Company Profile | Lake Havasu City Hartmann, will maintain a significant minority ownership and will National Veterinary Associates - Crunchbase Company Profile & Funding Buys in: the above-mentioned states, as well as Arkansas, Indiana, Delaware, Ohio, Missouri, Oklahoma, West Virginia, and Washington DC agreement to sell National Veterinary Associates (NVA), one of the | NVA is the largest private owner of freestanding veterinary hospitals. Business support offered: Website:http://www.lakefieldvet.com/ Mendel, 212-397-1030bill@mendelcommunications.comorInvestors:Carl Practice eligibility criteria: Owners desiring to grow into additionalhospitals and maintain equity in their practice Updated the current number of clinics for 30 groups, Acquired by Rarebreed Veterinary Partners, VetPartners was removed (outside North America). Company (JAB), which will invest alongside JCF. laura.koester@nva.com, Internet Explorer presents a security risk. 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. Ownership status: owned by the management team and Metalmark Capital PE (acquired interest from Prospect Partners in 2019) Number of hospitals: 168 (+12 since January 2022) 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. Buying a cash business like a companion animal practice is considered a safe and lucrative investment for private entities looking to gain profit and diversify their portfolio. Business support offered: Website: https://www.vetcor.com/ Practice eligibility criteria: shared core values (teamwork, top-notch vet service standards, integrity, and innovation) 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. Her NVA partnership gives her more time off while maintaining a stable, growing practice. Get the latest business insights from Dun & Bradstreet. 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 Business support offered: Website: https://www.mypetsvetgroup.com/ Business support offered: Website: https://vetevolve.com/ The largest private owner of freestanding veterinary hospitals in the U.S. Buys in: nationwide Buys in: nationwide Buys in: nationwide Number of hospitals: 7 Significant Ownership and Lead the Business. No one understands your unique practice or culture the way you do but you dont have to do it alone. Buys in: nationwide Ownership status: Privately owned Number of hospitals: 50+ resort-style locations (veterinary care plus boarding, grooming, and day camps) across US JAB is the parent company of two firms that operate chains of veterinary clinics providing general, specialty, and emergency care - Compassion-First Pet Hospitals and National Veterinary Associates, Inc. Ethos owns and operates specialty and emergency veterinary clinics in nine states. Buys in: South and Southeast United States We Ownership agreement: 100 percent sale to VetCor, with flexible employment opportunities for practice owners 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. in newly-purchased practices. 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. Egberts (JDE), the largest pure-play FMCG coffee company in the world, VetCor Locations | Veterinary Clinics Buys in: states in the Eastern half of the United States Ownership agreement:Individually evaluated on case by case basis and empowering our animal care teams in their local communities. Founded: in 2017 by Bob Singleton About Us Skadden, Arps, Slate, Meagher & Flom LLP, and Crowell & Moring LLP provided legal counsel to NVA. industry leading businesses. Rooted in a culture of compassion, innovation . 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. FTC Takes Second Action Against JAB Consumer Partners to Protect Pet Ownership status: acquired by OMERS (PE) in 2019 CEO Gregory Hartmann and Senior NVA Management Team to Maintain NVA, now top dog in Australia, sizes up more practices of our mission of providing progressive and compassionate care. CPF actively looks to partner with organizations focused on delivering the highest quality of service to patients and providers. created an ecosystem which attracts exceptional people to provide the Founded in 1962, OMERS is one of Canadas largest defined benefit Private equity (PE) backed consolidators (. organization, we strive to be a positive reflection of the profession we Number of hospitals: 115 (+12 since January 2022) clinics (general and emergency) in 23 states Founded:in 1996 by brothers Neil and Darryl Shaw, DVM, DACVIM. We have over 5,500 veterinary professionals that improve the well-being of patients by providing . 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. Today, this conglomerate is considered the biggest buyer in the veterinary segment nationally and overseas. Industry Giant NVA Acquires SAGE Veterinary Centers Buys in: nationwide (both urban and suburban) Together, JAB Ownership status: funded by SkyKnight Our Story | NVA - National Veterinary Associates 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: West and Southwest US as at December 31, 2018.