CareVet – Company Profile & Hospital Locations:

CareVet, is one of the nation’s largest veterinary networks (markets itself as a “veterinary practice management group”). The company owns, operates and or controls more than 200 veterinary hospitals in 35+ states throughout the United States. CareVet focuses on acquiring and managing best-in-class hospitals nationwide and is backed by over 2,500 employees including more than 500+ veterinarians.

The company was founded in 2018 and its founders include both CEO Greg Siwak and Kent Thornberry, DVM.

CareVet distinguishes itself from other competing hospital groups by embracing a Whole Person Approach for all hospital team members and “concentrates on better supporting each team member’s personal and professional needs for health, support, fulfillment and advancement.”

CAREVET LOCATIONS:

  • Pet owners can view a complete listing of all CareVet locations by accessing our PLATFORM™ app — a searchable online database tool that tracks all acquisitions of veterinary consolidators in the United States.

CASE STUDIES & RESEARCH:

  • CEO’s of Veterinary Consolidators and Hospital Groups
    https://www.pets.care/list-of-chief-executive-officers-of-veterinary-consolidators/

    • Study conducted by CARE for Pets™ reveals that the majority of veterinary consolidators are led by non-veterinarians. According to the company’s website about Greg Siwak, CareVet CEO: “Greg Siwak has an extensive background in business operation, mergers and integration, cost optimization, and healthcare operations. Mr. Siwak recently served as an Operating Partner at L Catterton, the largest consumer-focused private equity firm in the world. In this role, he worked with numerous healthcare and pet-related companies.” Additional companies worked at are listed in the jobs statement. (Our Team page as of 6.3.25)

EMPLOYEE REVIEWS OF CAREVET:

  • Reading ALL company reviews at popular job websites about CareVet may provide greater insight about the company’s leadership, culture, work conditions, it’s priorities, any potential warning signs of financial distress, and or if the entity is seeking a recapitalization — GLASSDOOR | INDEED.

RECENT NEWS

  • Pet Care Lures Private Equity (3.4.22)
    https://www.axios.com/2022/03/04/pet-care-lures-private-equity

    • “Compass Group Equity Partners‘ CareVet is poised to hit the market later this year via Lincoln International, sources add” — in addition “CareVet has built a successful model centered on small practice acquisitions in markets with strong demand, scaling them with new vet hires. This lends to cheaper acquisitions and typically a large ROI, one source notes” — according to Axios.
  • Clayton Vet Manager Makes 100th Acquisition, Sees ‘Enormous’ Potential for More (11.12.21)
    • “The firm, led by CEO Greg Siwak, said it sees “enormous” potential for more growth, as it operates in a sector that still counts huge numbers of independent vet operators” according to the St. Louis Business Journal.
    • CareVet acquires the practices but keeps their front-line teams and names in place (acquired companies continue to operate under their existing name).
  • CareVet Announces New Revenue Bonus Program For All Veterinary Team Members (5.7.21)
    https://www.dvm360.com/view/carevet-announces-new-revenue-bonus-program-for-all-veterinary-team-members

    • According to Greg Siwak, CareVet CEO, “This incentive bonus program aligns the goals of all members of the CareVet family and rewards Team Members for the integral part they play in their hospital’s success. Goals are based on revenue and mutually agreed upon by hospital leadership each month. By growing our hospitals together, we are able to invest back into our teams and facilities.”
  • CareVet Challenges Industry to Adopt $15/hr Minimum Pay (4.13.21)
    https://www.carevethealth.com/press-releases/carevet-challenges-industry-to-adopt-15-dollar-per-hr-minimum-pay/

    • CareVet announced that they will be the first in the industry to commit to providing a Living Wage (minimum of $15 per hour) to all hospital team members effective April 1, 2021. “Until now, veterinary team-members were frequently paid below a living wage, and not given the growth opportunities they deserve” said Greg Siwak, CEO of CareVet.