A new acquisition choice
We are an international collective of independently operated vet surgeries.
the vetnovo benefits
What makes us different
We are on a mission to revolutionise the industry for veterinary practices. It's time to step away from the conventional and embrace innovation tailored by vets, for vets.
THE PROCESS
Acquisition Timeline
We are on a mission to revolutionise the industry for veterinary practices. It's time to step away from the conventional and embrace innovation tailored by vets, for vets.
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Virtual 30 mins
Let's Chat!
Initial meeting and Q&A
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During this pivotal stage, we'll arrange an initial meeting where you'll have the opportunity for an engaging Q&A session. Here, you can freely connect with our experts, share your practice's aspirations, and ask any questions you may have about the acquisition process.
Your insights and business information provide the foundation for our indicative offer.
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Share Purchase Agreement
We make you an offer
We craft a compelling offer tailored to your practice's true value and potential.
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Following our insightful conversation and review of your practice's information, we move forward to the next pivotal stage.
At this point, our experienced team will carefully analyse your practice using our standard valuation process. This comprehensive evaluation allows us to determine a tailored offer that accurately reflects the value and potential of your practice.
We understand that every practice is unique, and our commitment to fairness and transparency ensures that the offer you receive aligns with the true worth of your veterinary venture.
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Due Diligence
We conduct due diligence
We conduct thorough due diligence to ensure a smooth and transparent transition for your practice.
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With an offer on the table, our dedicated team kicks off the due diligence process. This stage involves a meticulous evaluation where our experts delve into the finer details of your practice.
Through thorough research and analysis, we ensure that all aspects align with our mutual goals. Our commitment to transparency means you can trust that this process is conducted with the utmost professionalism and precision, setting the stage for a seamless transition.
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IPO Launch
Join the Vetnovo Community
Sign the contract to join our group and keep running the business as normal.
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After a diligent evaluation and alignment of goals, the exciting moment arrives. You'll have the opportunity to sign the contract and officially join the Vetnovo family. With the contract in place, you can continue running your business as usual, backed by the support and resources of our expert team.
This seamless transition ensures that your practice maintains its identity and momentum while benefiting from the collective strength of Vetnovo's network.
The vetnovo team
Get to know our vets
Our team is filled with veterinary professionals who ensure that every decision we make is informed by veterinary insights, guaranteeing that our strategies resonate with your practice's needs.
For business owners
Frequently Asked Questions
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Vetnovo will work with you to support your vision for your business, bringing you the benefits of being part of a larger group whilst retaining your practice’s identity and values.
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Absolutely not - we recognise that you and your team are the experts in how to provide the best clinical care to your patients. We will provide a wealth of resources and templates that have been developed in collaboration with our member practitioners, but at the end of the day you will always have the freedom to adapt and adopt these as and when you see fit. However, we do need to make sure all our practices are legally compliant, and make adjustments where they are not.
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In case you made a lot of investments (e.g., equipment or facility upgrades) in the last financial year, we can consider taking an average of your EBITDA over the last 3 financial years instead of just the last year.
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There may be, yes. In particular, the salary you want can be set by you. While we expect you to take at least £75,000 / year in the UK as a salary, you are free to set a higher number. Any salary adjustments will have a corresponding adjustment in the EBIT figures (and hence the valuation of the business).
Speak with our team
Discover the Vetnovo difference
- Save you hundreds of hours of admin time
- Grow your capacity without growing your headcount
- Let you say goodbye to dealing with multiple platforms
- Maximise conversions on revenue-generation products
- Reduce costly compliance risks to your business
- Help you win more customers with exclusive insights