August created Independent Vetcare (IVC) in 2011, starting with the acquisition of three large independent veterinary practices in the South-West of England.
IVC was designed as a vet-led group which would enable local practices to retain their independence while centralising administrative functions and support services. The business differentiated itself through a ‘hub-and-spoke’ structure offering both first opinion and referral services across the group.
Under August’s ownership, IVC grew quickly into an organisation of around 100 practices and 750 staff. In 2014, August realised the investment in IVC through a sale to Summit Partners. IVC is now the leading veterinary care provider in Europe.