Today’s Veterinary Business Staff
Five corporate practice owners have made Inc. magazine’s list of the fastest-growing companies in the United States.
Pathway Vet Alliance, which operates more than 300 practices in 37 states, is No. 431 on the Inc. 5000 list and a top 500 company for the second year in a row. The magazine’s newly released roster credited Pathway with three-year revenue growth of 1,065%.
Pathway reported adding 59 hospitals and more than 1,000 employees to its network in the first half of 2020.
“While 2020 has been a tumultuous year for many, we’ve adapted and overcome unprecedented changes in our environment and will continue to do so to ensure we provide the best possible care for the pets we serve and their loved ones who care about them,” said Stephen Hadley, Pathway’s DVM and CEO.
“Adding more locations not only provides peace of mind for pet parents across the country, but it further increases mobility and advancement opportunities for our team members,” Dr. Hadley said.
Pathway Vet Alliance was founded in 2003 and is headquartered in Austin, Texas. Control of the company was transferred in early 2020 to the investment firm TSG Consumer Partners in a deal estimated at more than $2 billion.
Pathway also operates Veterinary Growth Partners, a management services organization.
Also making the Inc. list were:
- 516: Southern Veterinary Partners. Headquartered in Birmingham, Alabama, founded in 2014 and 150 clinics across 15 states.
- 1,672: PetWell Partners. Headquartered in Houston, founded in 2013 and 35 clinics across eight states.
- 1,945: Veterinary Practice Partners. Headquartered in King of Prussia, Pennsylvania, founded in 2011 and 62 practices across 20 states.
- 2,385: Innovetive Petcare. Headquartered in Austin, Texas, founded in 2016 and 30 clinics across six states.
The complete list is available at www.inc.com/inc5000.
Did you know a subscription to Today’s Veterinary Business is free to qualified veterinary professionals? All you have to do is sign up here (and renew each year). You also can sign up to receive the Today’s Veterinary Business weekly e-newsletter.