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 60 corporate consolidators operating in the U.S. — REFER TO LIST BELOW.

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 3 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)
https://www.vetpartners.com/practice_edge/will-corporations-own-everyone/

  • 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.

KEY FINDINGS:

  • 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.

RELATED:

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
  • Altano Group | Dr. Victor Baltus (CEO) –LinkedIn
  • Avanti Equine Veterinary Partners, LLC | Andrew Clark, DVM (CEO) –LinkedIn | COMPANY ACQUIRED
  • 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
  • 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 | NOT DISPLAYED – PREVIOUS: Katie Brooks, LVT, CVPM (CEO) –LinkedIn
  • Destination Pet | Dr. Jennifer Strickland Fowler (CEO) –LinkedIn
  • Doppler Veterinary Network | Ted Root (CEO) –LinkedIn
  • Easyvet | Tim Schoenfelder (CEO) –LinkedIn
  • Encore Vet Group | Ted Sprinkle, DVM (CHAIRMAN) –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 | COMPANY ACQUIRED
  • 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
  • Heritage Vet Partners | David Gnad (CEO) – LinkedIn Profile not available
  • Horizon Veterinary Services | Alyce D’Amato, CVT, CVPM (CEO) –LinkedIn | STATUS: NO INFO (Est. 7 Hospitals)
  • 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 | STATUS: NO INFO (Est. 10 Hospitals)
  • 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) | Larry Allgaier (CEO) –LinkedIn
  • Noah’s Animal Hospitals | Dr. Mike Thomas (PRESIDENT) –LinkedIn
  • Northeast Veterinary Partners | Dr. David McGrath (CEO/FOUNDER) –LinkedIn | COMPANY ACQUIRED
  • 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
  • Small Door Veterinary | Josh Guttman (CEO/CO-FOUNDER) –LinkedIn
  • 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 | Adesh Ramchandran (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 Innovative Partners (VIP) | Chris Bishop (CEO) –LinkedIn
  • Veterinary Practice Partners (VPP) | John McDonough (CEO) –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/CHAIRMAN) –LinkedIn
  • WellHaven Pet Health | Jenni Jones (CEO) –LinkedIn
  • Western Veterinary Partners | Carollee Brinkman (CEO) –LinkedIn
  • YourPetsVets | Paul Camilo (PRESIDENT) –LinkedIn | INVESTOR(S)Luis Marquez
  • RECENT NEWS:

    Thrive Pet Healthcare appoints new Chief Executive Officer (5.25.23)
    https://www.pets.care/news/2023/05/thrive-pet-healthcare-appoints-tad-stahel-as-ceo/

    • 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.

    RELATED:

    Flipping Animal Hospitals for Big Profits – Buying to Sell
    https://www.pets.care/flipping-animal-hospitals-for-big-profits/

    • 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.