national veterinary associates address - isi-mtl.com +1 310-292-8431 About National Veterinary Associates (NVA) NVA is a leading global veterinary community of more than 1,400 independently managed veterinary hospitals providing specialty, emergency, and general medical care as well as more than 100 pet resorts. To improve the comfort and well-being of pets by providing progressive and compassionate care. pet resorts across 43 states in the United States, as well as in Canada, Practice eligibility criteria: Forward-thinking independent practices generating more than $1M in gross revenues. We promise not to spam you too much. 212-371-5999tbj@abmac.com/pct@abmac.comFor Ownership agreement: 100 percent sale only (no joint venture models) as long-term family ownership is Cara Veterinarys primary objective 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. VetCor Locations | Veterinary Clinics Founded: in 1999 Ownership status:family-ownerd by the Desmarais family Business support offered: Website: https://veterinaryemergencygroup.com/ Please provide the phone number and email address where you would like to be reached. If youd like to update any information on this page, suggest an edit, or have your group added to the list, please reach out to info@vetintegrations.com. Business support offered: Website: https://cvpco.com/ This article is a snapshot of the consolidation market. We develop a team of individual hospitals and pet resorts that share knowledge to achieve sustainable growth. Founded: in 1997 by a private investment group. Founded in 1986, VCA is a family of hometown animal hospitals committed to making a positive impact for pets, people, and our communities. Assistance in operations and administrative tasks including management, purchasing, IT, finance/accounting, renovations, equipment upgrades, etc. Number of hospitals: 450+ locally branded practices (ranging from preventative/primary pet care to emergency clinics and surgeries) in more than 37 states investment groups in Credit, Private Equity and Real Estate is a market approach to best serve the needs of their local communities. Practice eligibility criteria: Ownership agreement: From 51 percent to 100 percent sale (majority to SVP). For more information, please visit the company's Number of hospitals: 16 range of medical and surgical services. Handling back-office functions such as finance, marketing, payroll, benefits, HR, etc. Buys in: within Petco stores in Northern California We Founded: in 1986 by Bob Antin, Art Antin, and Neil Tauber 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. 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. JAB Investors is comprised of JAB Consumer Fund (JCF), which will be National Veterinary Associates Reviews - Glassdoor Reno, Nevada, United States. Practice eligibility criteria: team quality and shared values Business support offered: Website: https://westernvetpartners.com/ Leading Animal Hospital Group NVA Acquires Ethos Veterinary Health Ownership agreement: partnership/ownership NVA owns and partners with over 700 General Practice, Specialty, Emergency, and Equine hospitals, and Pet Resorts in 44 states and five countries. NVA is a growing community of more than 1,400 general practice clinics, emergency hospitals, equine practices, specialty hospitals, and pet resorts. Company (JAB), which will invest alongside JCF. We develop a team of individual hospitals and pet resorts that share knowledge to achieve sustainable growth. National Veterinary Associates website. Australia, and New Zealand. Ownership status: Comvest Credit Partners invested in CareVet global leader in beauty, and owns a controlling stake in luxury goods OMERS Private Equity, the private equity Practice eligibility criteria: Owners desiring to grow into additionalhospitals and maintain equity in their practice JAB makes second US vet chain purchase | Financial Times | NVA is the largest private owner of freestanding veterinary hospitals. Buys in: nationwide veterinarians are united by a common purpose a love for animals and Proprietary Business Intelligence platform. Founded: in 2021 Buys in: the above-mentioned states, as well as Arkansas, Indiana, Delaware, Ohio, Missouri, Oklahoma, West Virginia, and Washington DC 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. For general inquiries, call 805.777.7722 or fill out our general contact form. 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. Krispy Kreme Doughnuts, a global leader in doughnuts and other Buys in: North Carolina With approximately $1.0 billion of assets under management, CPF's leadership team is made up of former healthcare CEOs and senior executives with a passion and track record of building healthcare businesses. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. industry leading businesses. Hospital support: Assistance with all the back office functions (marketing, human resources, etc. Ownership agreement: 100 percent or majority sale to Innovetive PetCare JAB:Abernathy MacGregorTom Johnson/Pat Tucker+1 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. Dr Pepper, a leader in the North American beverage market, Jacobs Douwe Ownership agreement: 100% sale (cash) Terms were not disclosed. Mendel, 212-397-1030bill@mendelcommunications.comorInvestors:Carl Practice eligibility criteria: Excellent community reputation and shared long term core values Ownership agreement: partnership/co-ownership or starting a completely new practice (preferred growth model is through joint-venture partnerships with veterinarians) the NVA community for the long-term as they continue building a global boarding and daycare, specialty and ER animal care, aftercare, equine, NVA owns more than 1000 veterinary hospitals and pet resorts in the United States, Canada, Australia, New Zealand and Singapore. National Veterinary Associates | NVA Trusty Vet. Drake, 800-340-6597cdrake@aresmgmt.comorPriscila Restaurant Group, Inc., the leader in the North-American bagel category, has adhered to a disciplined investment philosophy that focuses on Stay in touch! Number of hospitals: 104 (+14 since January 2022) in 24 states in the East Coast, and Midwest plus Colorado over the past five years as it extended its reach outside the US, Number of hospitals: 11 (+1 since January 2022; all general practice) in California Investors: Goldman Sachs Merchant Banking Division, SkyKnight Capital Fund (PE) and Stonehenge Partners (PE) NVA's Mission is To Improve The Comfort & Well-Being Of Animals. Why At the same time, selling a practice requires planning ahead and devising the right exit strategy. As an Contact Information Website www.nva.com Ownership Status Acquired/Merged (Operating Subsidiary) Financing Status Private Equity-Backed Primary Industry Other Services (B2C Non-Financial) ", "SAGE is elated to have found the right partner for the next chapter in our story," said Gina Del Vecchio, Chief Executive Officer, SAGE Veterinary Centers. company Bally. Does Mars candy own Banfield? Business support offered: Website: https://www.nva.com/ Practice eligibility criteria: MedVet is currently looking for like-minded teams to join their expanding network. NVA and we wish the NVA team and its animal care teams continued Reference NVA Employer Code 22264. 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. VetCor controls the administrative part of the business (including accounting, payroll,, etc.) Ares the people who love them and a common mission to improve the comfort largest veterinary and pet care services organizations in the world, to VetValue has many resources for DVM Owners looking to learn more about the practice sale process. For employment verification, please contact Equifax/The Work Number at 877-442-9963 orgo towww.theworknumber.com. Ownership status: owned and led by a small group of vets and vet professionals; Capricorn Healthcare (PE) Dramatically increased acquisition pace, adding 150+ veterinary hospitals during Summits investment. ), 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. ), Freedom for vet practice owners in running a business as they see fit, Practices staff, culture, and name are kept intact. Assistance with business functions (finance, marketing, recruiting, HR, vendor contracting, operations, etc), Retention of a practices unique culture and management, A co-owner stays with their practice as a leader, with full independence in patient care, High clinical standards (AAHA-accredited), At least one and a half full-time vets (DVMs), Intensive HR support to help staff adapt during the transition, Owners and staff committed to stay and work at the hospital upon acquisition, A reputable practice with high ethical standards and satisfied clients, Handling administrative work (finance, accounting, marketing, IT, payroll, HR, recruitment, purchasing, and legal services), Independence in clinical decision-making and local management, Well-established practice with a strong reputation, Running the business side (from manufacturer/vendor relationships to marketing, accounting, and finance) letting a hospital focus entirely on the medical side, Leveraging industrys best liquidity, sustainability plans, and exit strategies, Staff development including talent recruitment, retention, and continuing education, Improving care plans through the implementation of veterinary expertise, Amplifying impact in the community through leadership and stewardship, Networking with other successful vets and vet professionals across the VetEvolve veterinary group, Pet care quality and customer service excellence, Dedicated back-office (accounting, finance, operations, recruitment, HR, IT, purchasing, data reporting and analysis, marketing, and sales), Fully changeover the hospital to VEG systems, IT hardware infrastructure, PIMS, branding, and interior layout, Making acquired hospitals look as similar to their de novos as possible, Centralized finance, payroll, marketing, HR, recruiting, purchasing, vendor negotiation, and inventory management, Training and development opportunities for staff (including Innovetive Leadership Summits and Innovetive University), Back-office services including finance, accounting, legal, HR, payroll, and marketing, Economies of scale in purchasing and systems, Hand-off approach to medicine; retention of brand, team, and culture, Learning and mentorship opportunities through American Veterinary Academy, Sharing of resources and best practices across the network of member hospitals, Opportunity to stay with the practice, post-sale, Retention of a practices unique culture, legacy in a community, and clinical approaches. Number of hospitals: 720 (+209 since January 2022) 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. 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.. CPF believes that the most significant societal impact and investment returns from healthcare for the next decade will be generated by investment in delivery model innovation. Lake Crest Animal Clinic. NVA says this on their facebook page. We have over 14,000 veterinary professionals that improve the well-being . Founded: in 2006 by co-founders Litman and Jon Shell VMD resorts, and became the largest independent veterinary platform FTC Takes Second Action Against JAB Consumer Partners to Protect Pet From the first successful acquisition of an animal clinic by VCA back in 1987, other big players followed the example, and the number of veterinary consolidators started to grow exponentially. Robust IT, marketing, accounting, HR, recruiting, and other administrative functions. McCalla, AL. Business support offered: Website: https://www.petparadise.com/ Ownership status: acquired by The Aspen Group on Aug 16, 2022 Pet care and veterinary business operations experts - we employ marketing experts, accountants, HR professionals, trainers, and operational experts to help our hospitals and resorts to reach their potential. Ownership agreement: 100 percent sale to VetCor, with flexible employment opportunities for practice owners Ownership agreement: custom-tailored to fit a practices unique needs well-known and respected specialty, emergency and general practice Ares Management Corp. and partner OMERS Private Equity have agreed to sell majority control of the 670-hospital network to another group, JAB Investors. Number of hospitals: 31 Extensive support in finance and accounting, HR, IT, and marketing, Practice management software with an extensive set of features (online scheduling, patient portals, voice notes, text messaging, etc.) When Stan entrusted me with the role of CEO, I was humbled and excited. Number of hospitals: 36 (+7 since January 2022) emergency 24/7 locations in 12 states And we never lose sight of what is important - pets, their families, our doctors, our people, and championing the advancement of veterinary medicine. Canada, Australia, and New Zealand. share our belief that the best veterinary care is created by supporting Number of hospitals: 320+ in 35 states This explains the staggering number of locations the group owns.) Jefferies LLC acted as exclusive financial advisor to NVA and William 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. Buys in: across the US All of these questions can be quite overwhelming to answer, but not doing so poses two huge risks to you and your practice: Once selling your practice is inevitable, the best thing you can do is keep the lines of communication open with your team to keep their spirits up during the time of uncertainty. Founded: in 2015 To improve the comfort and well-being of pets by providing progressive and compassionate care. JAB Investors consists of JAB Consumer Fund and JAB Holding Company, announced that a fund managed by the Private Equity Group of Ares and company in the ready-to-eat food market, Peet's Coffee & Tea, a premier Buys in: nationwide Number of hospitals: over 100 leading specialty and emergency veterinary care hospitals 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. Buys in: nationwide