Growing a business in the animal kingdom
“VCA is a company with a very proud history and clear mission,” notes Jed Brody, Barclays’ Co-Head of Healthcare M&A. “They built something special,” Brody adds. Still, the company — the largest family of animal-care providers in the U.S. — had a looming challenge: How to continue to grow and break into even more sectors of the animal market, while remaining a company rooted in its deep love for pets.
Founded in 1986, VCA has managed to achieve overwhelming growth over 32 years. From owning one animal hospital in West Los Angeles, VCA now operates more than 850 hospitals across the United States and Canada. The company has also diversified, acquiring other companies: Antech, the largest North American clinical laboratory system for vets; Eklin Medical Systems (now Sound Technologies), a diagnostic imaging company; and Camp Bow Wow, a 152-franchise dog care center.