NovaVet

About NovaVet

NovaVet is a French operator of veterinary clinics established in 2020. The company is structured as a network that acquires and manages veterinary practices, aiming to address the changing landscape of the veterinary profession in France, which includes new practitioner aspirations and the digitalization of services. Headquartered in Villiers-sur-Marne, France, NovaVet focuses on creating a supportive work environment for veterinarians by providing modern medical equipment and centralized administrative support, allowing practitioners to focus on clinical care. The group gathers experienced veterinary teams in modern, welcoming, and digitized clinics.

The company's business model centers on acquiring existing clinics and integrating them into its network. This allows clinic owners a path to exit while ensuring continuity of care. For the veterinarians within the network, NovaVet aims to provide an enriching framework, so they can concentrate on their core medical practice. The business serves pet owners by offering high-quality care with advanced equipment at accessible prices. NovaVet is a privately held, venture capital-backed company, with Otium Capital listed as an investor. The company's legal entities include a holding company (SAS) registered in Paris and an operating entity (SELAS) for the clinics, established in May and June 2020, respectively.

NovaVet positions itself as a key player in the consolidation of the French veterinary market. It emphasizes a commitment to societal values by supporting local territories and implementing measures to reduce the environmental impact of its clinics. The network has grown to include around fifty clinics, primarily located in the Ile-de-France region.