Independent Vetcare (IVC) was created in 2011 with the acquisition of three large independent veterinary practices in the South West of England.
The strategy was to create a vet-led group allowing local practices to retain their independence, while centralising administrative functions and support services at the group level, allowing vets to focus on delivering high-quality care. The business differentiated itself through a “hub-and-spoke” structure offering both first opinion and referral services across the group.
Under August Equity’s ownership, IVC grew quickly into an organisation of approximately 750 staff from more than 100 practices. In 2014, August Equity realised its investment in IVC through a sale to Summit Partners. IVC is now the leading veterinary care provider in Europe.