Kentucky’s 142-year-old Hagyard Equine Medical Institute has merged with MAVANA, a network of equine, mixed animal and small animal practices.
The transaction, announced Jan. 19, gives MAVANA 23 practices in 11 states, ranging from Florida to Washington. The terms were not disclosed.
“Hagyard’s partnership with the other MAVANA veterinary practices and veterinarians will allow us to elevate our ability to offer our clients and their horses the highest level of care,” said Stuart E. Brown, DVM, a Hagyard partner and field care veterinarian. “Furthermore, our practice and its members have long been committed to developing and mentoring the next generation of equine medical professionals, and our inclusion in MAVANA will allow us to continue to expand those efforts.”
MAVANA, the acronym for Mixed Animal Veterinary Associates North America, is headquartered in Las Vegas. The company is headed by President Scott Spaulding, DVM, the CEO of three Badger Vet hospitals in Wisconsin.
MAVANA hospitals operate largely independently.
“Each veterinary practice under the MAVANA banner … benefits from a corporate structure to deliver cost efficiencies, leverage economics of scale for improved purchasing power, offer more options for liquidity, and increase relevancy in the rapidly consolidating animal health industry while continuing to deliver the highest quality of medicine and customer service,” Hagyard stated.
Founded in 1876 by Scottish-educated veterinarian E.T. Hagyard, the practice employs about 50 veterinarians and operates Davidson Surgery Center, McGee Medicine Center, McGee Fertility Center and Hagyard Sport Horse Facility. The practice is based in Lexington.