Practice eligibility criteria: General hospitals in dense areas Number of hospitals: 9 (+1 since January 2022) Together, JAB Our hospitals and their teams are what make us who we are. Founded in 1986, VCA is a family of hometown animal hospitals committed to making a positive impact for pets, people, and our communities. 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. Top Universities for Veterinary Science in 2019 Digital innovation programs - our digital and technology experts enable our hospitals to offer online drug and food ordering, appointment booking and technology to improve hospital operations. Ownership agreement: partnership/ownership Reference NVA Employer Code 22264. Find company research, competitor information, contact details & financial data for National Veterinary Associates, Inc. of Lake Havasu City, AZ. Buys in: everywhere throughout the U.S. and Canada company in the ready-to-eat food market, Peet's Coffee & Tea, a premier 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. 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.. Dramatically increased acquisition pace, adding 150+ veterinary hospitals during Summits investment. over the past five years as it extended its reach outside the US, Ownership agreement: flexible deal structures designed to meet the unique needs of each practice owner As an National Veterinary Associates Careers and Employment in US Moving forward, we feel JAB Investors will be a great partner for Business support offered: Website: https://rarebreedvet.com/ By partnering with NVA, we can help you successfully navigate the business side of veterinary medicine. 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. Economies of scale (financial benefits from partnering with a larger network). Our family of 812 exceptional practices reaches from coast to coast in the US and across the border to Canada. Buys in: North Carolina Ownership agreement: partnership Ownership status: family-owned and led Practice eligibility criteria: general and specialty veterinary practices that want to continue their legacies within their local communities Your confidentiality is important to us. Ownership status: acquired by L Catterton Founded: in 2017 by Bob Singleton Founded:in 2014, by Mollie Hoff, President and Chief Operating Officer NVA Compassion-First champions each hospital's unique culture and opportunities by enabling innovation, collaboration, and a commitment to delivering exceptional care to pets and their families. VetCor Locations | Veterinary Clinics Hospital support: Assistance with all the back office functions (marketing, human resources, etc. National Veterinary Associates | LinkedIn Practice eligibility criteria: relationship-focused practices Practice eligibility criteria: individually decided Buys in: U.S. East Coast and as far west as Kentucky, Ohio, and Tennessee 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. 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. 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. NVA. Empowering local teams through leadership/mentorship opportunities and personal development plans, Continuing education and a wide range of training programs equipping teams with cutting-edge resources on communication, conflict management, and other industry topics, Protection of a hospitals unique identity, culture, community relationships, and medical practices, Employment and equity opportunities for practice sellers. Roll Call: North America's Biggest Veterinary Consolidators and Groups NVA says this on their facebook page. NVAs senior management team, including CEO Greg Founded: in 2016 by Imperial Capital as a sister company of VetStrategy, the Canadian veterinary group We Founded: in 2017 by David Saginur and Ryan Joseph Ares Management Corporation is a publicly traded, leading global Ownership status: acquired by TSG Consumer Partners (PE) in 2020 Buys in: U.S. East Coast First, a family of well-known and respected specialty, emergency and general practice veterinary hospitals across the United States. Business support offered: Website: https://www.vippetcare.com/ This explains the staggering number of locations the group owns.) Hoover, AL. 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 . Ownership status: funded by SkyKnight NVAs 14,000 team members and 2,600 Business support offered: Website: https://valleyveterinarycare.com/ Practice eligibility criteria: profitability, the potential for growth, and cultural fit investment groups in Credit, Private Equity and Real Estate is a market 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 status: acquired by Oak Hill Capital Partners (PE) in 2021 Investors: Goldman Sachs Merchant Banking Division, SkyKnight Capital Fund (PE) and Stonehenge Partners (PE) 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. FTC Takes Second Action Against JAB Consumer Partners to Protect Pet Business support offered: Website: https://www.medvetforpets.com/ States, Europe, Asia and Australia. Due to the accelerating pace of veterinary consolidation today, it is hard to estimate the real number of company-owned vet practices. Ownership status: family-owned and led Business support offered: Website: https://www.veritasvetpartners.com/ Ownership status: acquired by OMERS (PE) in 2019 Terms of the transaction were not disclosed. Buys in: Michigan Ownership agreement: partnership Ownership agreement: cash-based sale with flexible structuring of every acquisition 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. Find a Hospital. Founded: in 2006 by co-founders Litman and Jon Shell partners, and invests in consumer-focused industries with attractive Practice eligibility criteria: Ownership agreement: 100 percent or majority sale to Encore, with stakes in Encore for practice sellers and associates available. 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. Cons 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. 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. Improved operational efficiency through HQ-staffed telehealth and hands-on growth lever implementation, including centralized recruiting, vendor management, inventory management, and workflow optimization. Website: https://www.carevethealth.com/ NVA Welcomes SAGE Veterinary Centers to its Family Ares believes each of its three distinct but complementary Ownership status: funded by Warburg Pincus and Talisman Capital ), 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. Buys in: US Business support offered: Website: https://americanveterinarygroup.com/ Jacob Osborn - Recruiter - National Veterinary Associates | LinkedIn Veterinary practice consolidation is progressing, and in the upcoming years, we are likely to see more private equity firms buying practices which will be eventually swallowed up by even bigger corporations. Media Inquiries: Please emailmedia@nva.com. Number of hospitals: 22 Ownership status: acquired by JAB Investors from Ares Management (PE) and OMERS (PE) in 2019 (JAB also owns Compassion-First Pet Hospitals) Number of hospitals: 22 (+1 since January 2022; primary and preventive pet care locations) in the Greater Phoenix, Arizona area The companies are listed in chronological order by the year they were established. Buys in: West and Southwest US Ownership agreement: partnership Buys in: California Number of centers: 120+ (vet hospitals and pet care facilities) NVA:Laura Koester+1 310-292-8431laura.koester@nva.com, Internet Explorer presents a security risk. us as we focus on our next phase of growth. care. 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. Number of hospitals: undisclosed 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. Website: https://www.modernanimal.com/ To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. [] Founded: in 2012 by Andrew Moffatt, BVSc, MBA, and his wife Joanna Moffatt Practice eligibility criteria: partnering with practices of all sizes; the decision on every practice is made individually Buys in: above-mentioned states and California This information will be especially useful for practice owners currently looking to sell their practice. Together, NVA Compassion-First and SAGE will further their shared purpose of delivering compassionate and exceptional medicine for pets and their families. 31, 2018. Ownership agreement: buyout Join a community of like-minded professionals dedicated to collaboration, innovation, and professional development. Practice eligibility criteria: specialty and emergency veterinary clinics Ownership agreement: 100% sale (cash) 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. Business support offered: Website: https://vetevolve.com/ All rights reserved. Ares Business support offered: Website: https://heartlandvetpartners.com/ Their local hospital and pet About Us They We are one of the leading organizations in Specialty and Emergency veterinary medicine and a leader in pet care in the US, Canada, Australia, and New Zealand. Handling back-office finance and accounting such as accounts payable, payroll, tax, financial reports, etc. the NVA community for the long-term as they continue building a global Skadden, Arps, Slate, Meagher & Flom LLP, and Crowell & Moring LLP provided legal counsel to NVA. Vet groups buying pet-store-based clinics (, Practice eligibility criteria (features they are looking for in a practice to buy), Ownership agreement with practice owners (100 percent or majority/minority sale, investment opportunities for practice sellers etc.). Founded: in 2016 by Matthew Sussman, Jake Sloane, and Frank Zhang MedVet considers every partnership opportunity individually. Turn your love of animals into the career of a lifetime. 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. Roney, 212-808-1185proney@aresmgmt.comFor 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. We have over 14,000 veterinary professionals that improve the. Our combined resources will expand our collective ability to support and enable our incredible veterinarians and clinical teams in all the communities we serve. 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. Ownership status: majority interest was acquired by North Castle Partners (PE) in 2018; minority interest is held by several shareholders

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