CHIEF EXECUTIVE OFFICERS OF MAJOR VETERINARY CONSOLIDATORS
One good way to judge a corporate-owned veterinary practice is by the person who is leading the corporate consolidator or hospital group that owns and operates the practice. There are currently more than 50 corporate consolidators operating in the U.S.
Study conducted by CARE for Pets™ reveals that the majority of veterinary consolidators are led by non-veterinarians. It’s estimated that 1 out of every 4 companion animal practices in the U.S. are now owned by corporate entities such as veterinary consolidators and hospital groups.
WILL CORPORATIONS OWN EVERYONE? (2.5.19)
- It’s estimated that the pace of consolidation will likely slowdown in 6-8 years because there are not enough private practices left to acquire.
- The end of consolidation starts to happen when the corporations start buying each other.
- The market will likely see 5-7 longer term ‘survivors’ after the consolidators buy each other.
- The majority of the Chief Executive Officers (CEOs) that lead the major veterinary consolidators and hospital groups are non-veterinarians.
- Many of the CEOs have extensive experience with corporate finance, mergers and acquisitions (M&A), and high growth companies.
- Some of the executives were previously PARTNERS at private equity (PE) firms which raise funds and manage these monies to yield favorable returns for shareholders, typically with an investment horizon of between four and seven years.
The CEOs stated below include a link to their corresponding LINKEDIN Profile page which will provide additional details regarding their previous employment history. Our analysis reveals that some of the veterinary consolidator websites fail to disclose a complete job history of their executive leadership.
Alliance Animal Health | Matthew Sussman (CEO/CO-FOUNDER) –LinkedIn
American Veterinary Group | Craig Niebur (CEO) –LinkedIn
AmeriVet Partners Management, Inc (AmeriVet) | Thomas Thill (CEO) –LinkedIn
Animal Dermatology Group, Inc. (ADG) | Steven Mrha (CEO) –LinkedIn
Avanti Equine Veterinary Partners, LLC | Andrew Clark, DVM (CEO) –LinkedIn
AZPetVet | Shannon Gillis (CEO) – LinkedIn | COMPANY ACQUIRED
Banfield Pet Hospital | Mony Iyer (PRESIDENT) –LinkedIn
Blue River PetCare (BRP) | Dan Blumenthal (CEO/CO-FOUNDER) – LinkedIn Profile not available.
BluePearl Specialty + Emergency Pet Hospital | Nicholas Nelson, DVM (PRESIDENT) –LinkedIn
Bond Vet | Garrett Lewis (CEO) –LinkedIn
Cara Veterinary | Dr. Peter Brown (PRESIDENT) –LinkedIn
CareVet | Greg Siwak (CEO) –LinkedIn
CityVet | David Boguslawski (PRESIDENT/CEO) –LinkedIn
Community Veterinary Partners | Kevin Ruff (CEO) –LinkedIn
Companion Pet Partners | Nicolas Laperriere (CEO) –LinkedIn
Curo Pet Care | Jonas Pilkauskas (CHAIRMAN) –LinkedIn
CVCA Cardiac Care for Pets | Katie Brooks, LVT, CVPM (CEO) –LinkedIn
Destination Pet | Dr. Jennifer Strickland Fowler (CEO) –LinkedIn
Easyvet | Tim Schoenfelder (CEO) –LinkedIn
Encore Vet Group | Ted Sprinkle, DVM (CEO) –LinkedIn
Ethos Veterinary Health | Ames Prentiss (CEO) –LinkedIn | COMPANY ACQUIRED
EverVet Partners | Joe Luceri (CEO/CO-FOUNDER) –LinkedIn
Family Vet Group | Chase Michalek (PRESIDENT/CO-FOUNDER) –LinkedIn
Galaxy Vets | Dr. Ivan Zakharenkov (CEO) –LinkedIn
Global Veterinary Partners (GVP) | Chris Viotti (CEO) –LinkedIn
GoodVets | Ryan Joseph (CEO) – LinkedIn Profile not available.
Heart + Paw | Dave Lasus (CEO/COO) –LinkedIn
Heartland Veterinary Partners | Greg DeAtkine (CEO) –LinkedIn
Horizon Veterinary Services | Alyce D’Amato, CVT, CVPM (CEO) –LinkedIn
Innovetive Petcare | Mark Ziller (PRESIDENT/CEO) –LinkedIn
Inspire Veterinary Partners | Kimball Carr (CHAIRMAN/PRESIDENT/CEO) –LinkedIn
Lakefield Veterinary Group | Mollie Hoff (CEO/CO-FOUNDER) –LinkedIn
LegacyVet | Kelly A. Orfield (PRESIDENT/CEO/FOUNDER) –LinkedIn
MedVet | Dr. Linda Lehmkuhl (CEO) –LinkedIn
Mission Veterinary Partners (MVP) | Michael Aubrey (CEO) –LinkedIn
Modern Animal | Steven Eidelman (CEO/FOUNDER) –LinkedIn
My Pet’s Vet Group (MPVG) | Bob Singleton (CEO/FOUNDER) –LinkedIn
National Veterinary Associates (NVA) | Greg Hartmann (CEO) –LinkedIn
Noah’s Animal Hospitals | Dr. Mike Thomas (PRESIDENT) –LinkedIn
O’Brien Veterinary Group | Greg O’Brien (CEO) – LinkedIn Profile not available.
Old Brown Dog | Joseph Marchell, DVM (CEO) –LinkedIn
People, Pets & Vets | Chris Strong (CEO) –LinkedIn | COMPANY ACQUIRED
Pet Paradise | Fernando Acosta-Rua (PRESIDENT/CEO) –LinkedIn
Petfolk | CO-CEO/CO-FOUNDER: Audrey Wystrach, DVM –LinkedIn / Michael Wystrach –LinkedIn
PetSmart Veterinary Services (PVS) | J.K. Symancyk (CEO/PRESIDENT) –LinkedIn
PetVet Care Centers | Gino Volpacchio (CHAIRMAN/CEO) – LinkedIn Profile not available.
PetVet365 | Todd Marcum, DVM (CHAIRMAN/CO-FOUNDER) –LinkedIn
Rarebreed Veterinary Partners | Dan Espinal (CEO) –LinkedIn
SAGE Veterinary Centers | Gina Del Vecchio (CEO) –LinkedIn | COMPANY ACQUIRED
Southern Veterinary Partners | Jay Price, DVM (CEO) –LinkedIn
Suveto | Marc Nathan (CEO/CO-FOUNDER) – LinkedIn | CRUNCHBASE
Thrive Pet Healthcare | Tad Stahel (CEO) – LinkedIn Profile not available.
United Veterinary Care | Scott Crawford, DVM (CEO) –LinkedIn
Valley Veterinary Care | Wesley Godwin (CEO) –LinkedIn
VCA | Dr. Todd Lavender (PRESIDENT) –LinkedIn
Veritas Veterinary Partners | Thomas Scavelli, DVM, DACVS (CEO) –LinkedIn
Vet’s Best Friend | Jeff Wilson (CEO) –LinkedIn | COMPANY ACQUIRED
Vetco Total Care | Ron Coughlin (CEO/CHAIRMAN) –LinkedIn
VetCor | Chris Strong (CEO) –LinkedIn
Veterinary Emergency Group (VEG) | Dr. David Bessler (CEO) –LinkedIn
Veterinary Practice Partners (VPP) | John McDonough (CEO/CHAIRMAN) –LinkedIn
Veterinary United | Thomas Bankstahl, DVM (CEO) –LinkedIn
VetEvolve | Nick Lodestro (CEO) –LinkedIn
VetnCare | Dr. Andrew Moffatt (CEO) –LinkedIn
Vets Pets | Steve Thomas (PRESIDENT/CEO) –LinkedIn
VIP Petcare | McCord Christensen (CEO) –LinkedIn
WellHaven Pet Health | Jenni Jones (CEO) –LinkedIn
Western Veterinary Partners | Carollee Brinkman (CEO) –LinkedIn
YourPetsVets | Paul Camilo (PRESIDENT) –LinkedIn | INVESTOR(S) – Luis Marquez
Thrive Pet Healthcare appoints new Chief Executive Officer (5.25.23)
- Thrive Pet Healthcare, a veterinary network of 400 primary, acute, and specialty hospitals, announced the appointment of Tad Stahel as Chief Executive Officer (CEO), effective June 12, 2023.
Flipping Animal Hospitals for Big Profits – Buying to Sell
- A common strategy for many veterinary consolidators is to buy as many hospitals as quickly as possible and combine them into a larger organization in order to obtain a higher valuation. Within a few years, the combined entity is resold to another industry consolidator for big profits.