Compassion-First acquires hospitals in Texas, Florida
An executive moves over from human health care to become group president.
Compassion-First Pet Hospitals has expanded to 44 locations and hired a group president to oversee eight Texas hospitals.
The company took over two established practices: Animal Emergency Hospital of North Texas in Grapevine, Texas, and Florida Veterinary Referral Center and 24-Hour Emergency Hospital in Estero, Florida. Terms were not disclosed.
“We have entered an age where consumer demands for medical advancements are growing daily,” said Joshua Parra, DVM, Florida Veterinary Referral Center’s founder and medical director. “Providing leading-edge specialty care is important to us and our community, and in order to meet these demands we need a partner like Compassion-First Pet Hospitals.”
The New Jersey-based chain is owned by the investment firm JAB Investors, which last month announced the purchase of National Veterinary Associates and NVA’s 670-plus animal hospitals.
Compassion-First specialty and emergency veterinary hospitals are scattered across 14 states.
Supervising the eight Texas locations will be group president Brad Runge, the former Midwest director of operations at Envision Physician Services, a national health care company.