TAMPA, Florida. American Veterinary Group, a Florida-based network of animal hospitals, is pleased to announce that Magnolia Animal Hospital has joined the AVG family.
“We are delighted to welcome Dr. Lee Kierstein, Dr. Tracy Ferrell-Roberts, and the entire team to the AVG family,” commented Craig Niebur, Chief Executive Officer of American Veterinary Group. “Having the opportunity to partner with the hospital team at Magnolia Animal Hospital is very exciting for us as their culture of quality veterinary care and a focus on customer service aligns perfectly with our ideals and those of our existing partner hospitals.”
At the American Veterinary Group, we understand the issues facing veterinary business owners because our leadership team has been in this industry for over 100 collective years. Founded in 2015, our goal is to be a flexible partner for veterinary business owners at all stages, from younger veterinarians wanting to invest in a practice, to more experienced veterinarians preparing for retirement. Based in Florida, with local team members, we provide ongoing, in-person support to ease the burden of the day-to-day operations of veterinary practices, including in-office staff training, educational and marketing tools, and back office support. We deliver high touch practice management solutions to help veterinarians focus on the needs of their patients, instead of the needs of their business. We are animal lovers above all else, and operate with the motto ‘pet first, client first’.
“After building my practice over the last 30+ years, I was excited to work with AVG to improve my quality of life and gradually reduce my role in the practice over time.,” said Dr. Kierstein. “I plan to continue practicing at Magnolia so ensuring that I found a partner with a similar culture and getting to know and trust the leaders that I’d be working with were critical to my decision process. I look forward to my partnership with AVG both in terms of the support within my hospital and as an investor in this fast-growing company.”
“We work to preserve the unique culture of each veterinary hospital and understand how important it is to maintain the special relationships that clients have with their vets,” continued Craig Niebur. “We have a hands-off approach to medical decisions and instead work collaboratively with each hospital to provide behind-the scenes management support enabling our partners to serve their communities even better.”
The partnership with Dr. Lee Kierstein and Magnolia Animal Hospital is the first new hospital partnership in 2018 as AVG continues to ramp up its development efforts within the state.
About American Veterinary Group
Founded in 2015, American Veterinary Group owns and manages a network of veterinary hospitals that treat and protect over 50,000 pets annually. AVG delivers high touch practice management solutions to help veterinarians at all stages of the practice lifecycle, focus on the needs of their patients, instead of the needs of their business. American Veterinary Group is a portfolio company of Latticework Capital and Trive Capital. More information is available at http://www.americanveterinarygroup.com.
About Latticework Capital
Founded in 2014, Latticework Capital is a Dallas, Texas-based private equity group focused on making control equity investments in lower-middle market healthcare companies across the United States. Latticework leverages its over 40 combined years of healthcare experience, as well as its network of industry executives, to help companies and management teams grow and realize their full long-term value. More information is available at http://www.latticeworkcapital.com.
About Trive Capital
Trive Capital is a Dallas, Texas-based private equity firm managing over $2 billion in capital. Trive focuses on investing in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. Trive seeks to maximize total returns to its investors through a hands-on, collaborative partnership with management teams and equity partners. For more information, visit http://www.trivecapital.com.