Project Description
Veterinary Innovative Partners (“VIP” or the “Company”) was formed in July 2021 to consolidate four multi-hospital veterinary businesses previously owned separately and collectively by VIP’s founders. The platform is veterinarian-owned and veterinarian-operated by four founders with deep industry experience and highly regarded reputations, three of whom actively practice veterinary medicine, and all of whom are engaged in operations and growth. The platform consists of 33 hospitals across nine different states (11 in New York, seven in Virginia, six in New Jersey, two in North Carolina, two in Massachusetts, two in Florida, one in Pennsylvania, one in Tennessee, and one in West Virginia). Across these 33 hospitals, the Company employs 116 veterinarians and 204 veterinary technicians across its locations. VIP provides supply chain and back-office support, competitive employee benefits and growth/mentoring opportunities for its staff.
FUND: HEP III
STATUS: Current
John has a strong transactional background combined with operations and investing experience. From 1988 – 2003, he worked as an investment banker focusing on the healthcare sector, most recently at Robert W. Baird & Co. In 2004, John joined the University of Pittsburgh Medical Center where he was responsible for direct investments in early and mid-stage life science and healthcare IT companies. He also served as the CFO and COO of UPMC’s International Operations.