Better medicine, better business, and better lives for veterinarians through partnership
AVP is a vet-founded and vet-operated group that wants to make it easier for you to practice gold standard medicine with full clinical autonomy. We enable veterinarians to focus on caring for their patients without having to think about HR, recruiting, benefits, accounting, advertising, and other non-clinical tasks. We are not "private equity" backed, and our practice co-owner partners share in the financial upside of our growth on the same terms with AVP.
Our mission is to advance the lives of pets, pet parents, and veterinary healthcare workers together.
We proudly support Not One More Vet
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We build long-term partnerships
By partnering with us veterinarians retain ownership in their practices as well as complete clinical control. We bring operational know-how and shared services across a network of other independent practices.
What AVP is looking for
We are looking to partner with veterinarians who are excited about practicing medicine and want to dedicate more time to medicine and less time to the operational tasks involved in running a business. Our ideal partner is a doctor who is motivated to continue to lead their team, carry the culture of their practice, and values their clinical autonomy.
In our typical partnership AVP will purchase majority equity in the practice, with the selling doctor retaining significant minority equity and complete clinical control. Partnerships are inherently flexible in structure and terms, so we’re able to build partnerships that align with a wide variety of needs and goals.
Our ideal partner is a doctor who is not looking to retire in the next 3 or more years but already wants to monetize some portion of ownership interest with an option to monetize the rest over time. This allows our partners to enjoy the financial benefits of the built-in equity in their practice earlier than retirement while retaining clinical autonomy and an ongoing ownership interest in their hospital.
Associate veterinarians interested in leadership or ownership roles can have the option of building ownership interest in the practice over time.
What AVP offers
AVP is a veterinarian-operated company and this is reflected in our belief that good veterinary businesses are built on the foundation of uncompromising quality of care. We partner with hospitals that practice excellent medicine and we want to provide our partners with the independence and resources to continue to do so.
We bring financial and operational expertise to streamline processes such as accounting, advertising, information technology, human resources, and others. We draw from a network of experts in each of those fields to supplement our own expertise. AVP takes responsibility for much of the non-clinical ownership duties, allowing our practice partners to enjoy better work-life balance.
We are not looking to rebrand practices or change cultures. We value “local feel”, goodwill and the trust that has been earned over many years. Our goal is to retain all key players in the practice including associate veterinarians, managers, and support staff leaders.
We form partnerships in a true sense. Our partners participate in the financial upside of the practice on the same terms with us. Our partnership structures are designed to be simple, fair, and directly align incentives between AVP and our practice partners.
We bring expertise and enable growth
We bring financial and operational expertise supported by a strong bench of advisors and experts to help take your practice’s growth to the next level. As our partner you remain a true co-owner in your practice and you will benefit from practice growth on the same economic terms as AVP. We believe that good partnerships are built on fair and equal terms.
Operational Help
Some of the areas of our expertise include:
Hiring – recruiting and retaining doctors and veterinary techs is an integral part of running a veterinary practice; we create the right incentives to attract and retain the best talent.
Human resources – payroll, benefits, and other.
Finance and Accounting – streamlining bookkeeping and tax reporting.
Practice management – enabling management to receive real-time actionable data; scheduling and post-visit reporting.
Advertising – search engine optimization, Google, Yelp, and social media (Facebook, Instagram, and other) advertising; ability to measure impact and maximize results.
Information technology – the backbone of operations, including various telecommunication and IT systems.
Value Creation
There are several avenues of how to create value:
Revenue growth – Increase revenue through better scheduling, proactive follow-ups with patients, efficient use of various advertising channels, and improved staffing (i.e. hiring additional techs and assistants in order to enable doctors to focus on patient care, improving doctor and patient satisfaction and health outcomes).
Margin improvement – In our experience, operating profits could be increased by 25-50% at most independently owned veterinary practices, driven by operating efficiencies modeled on high-performing veterinary practices and prevailing industry best business practices.
Shared resources – Exchange ideas and share costs among partner clinics in our network.
Team
Dzmitry Miranovich – Co-Founder
Former investment professional at The Carlyle Group, a global private equity firm with over $200 billion of assets under management
Extensive experience in investing in multi-location consumer/retail and veterinary services, including investments in three of the largest private equity-owned veterinary consolidators
Bill Wagner, DVM – Co-Founder
Extensive experience as a veterinarian in small animal general practice
Founded a specialty pet care product brand, Doc Wags
Received his Doctorate of Veterinary Medicine from Tufts University and his Bachelors of Science in physics from Boston College
Tedd Trabert - Director, People & Success
Tedd has 25 years of experience in the Human Resource Field, including roles as the former strategic People Leader for the nation’s most recognizable names, such as Home Depot, USAirways, Continental Airlines, and Jetway Airport Services.
Tedd's expertise in multi-location, multi-state networks includes the nation's best community health network, Florida’s largest network of urgent care clinics, and the largest international family law firm.
Cody Waldrop, CVPM - Practice Management Officer
17 years in the veterinary industry. Cody has worked in a variety of roles within veterinary practices throughout his career. In his last role, Cody was a regional manager at one of the largest veterinary groups in the U.S.
Cody is a Certified Veterinary Practice Manager (CVPM) and received his Bachelor of Science in Public Health along with a minor in Biomedical Physics from the University of South Florida.
He is also an active member of the Veterinary Hospital Managers Association (VHMA) and has served on the VHMA Industry Advisory Panel since 2019.
Lisa Smogar - Finance Controller
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Lisa brings to AVP a strong background in corporate accounting with 17 years’ experience in the Dental Service industry.
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She has many years of managerial experience and expertise as a Finance Controller analyzing and developing financial information.
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Lisa brings input to the company's business strategy, planning, and financial reporting.
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Graduated from Washington State University with a bachelor’s degree in business administration, with a major in accounting.
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Deanna brings to the Success Center an exceptional record of demonstrated success in veterinary talent acquisition. Her strong background in marketing, social media, and brand management aides her in successfully onboarding veterinary staff.
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She creates a positive candidate experience from phone screen to offer through her genuine relationship building and her authentic rapport with each candidate.
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Deanna received her Bachelor of Arts from Manhattanville College with a focus on Communication Studies and Management
Deanna Mercurio - Talent Acquisition Manager
Rylie Vander Plaats - Practice Support Specialist
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In her almost 10 years in the veterinary industry, Rylie has worked in a variety of roles throughout her career including small animal, dairy, equine, aquatic, and exotic animal medicine and care.
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She comes to AVP from the Emergency and Critical Care Department at Iowa State University’s College of Veterinary Medicine where she was Manager of Clinical Support.
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Rylie received her Bachelor of Science from Iowa State University. Her degree is in Animal Science with a specialization in Dairy Science. She is an active member of the Veterinary Hospital Managers Association.
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Extensive M&A experience from the veterinary consolidator world.
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Joining AVP with a strong background in corporate finance, data analysis, customer service, and a love for all animals.
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Nick says that his photography lessons were an extension of his ability to find beauty in all things…. Through Nick’s eyes, numbers tell a beautiful story for AVP.
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Bachelor of Science from Siena College with a focus on corporate finance and investments.
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Nick Ciccone - Partnerships and Acquisitions Analyst
Contact Us & Subscribe
Please reach out to us if you are interested to learn more about what we do and how we create value for our partners. We would be happy to start a dialogue even if you are not yet interested in partnering with anyone but starting to evaluate your options. We will also keep you updated on our latest developments.