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GU

Guardian Veterinary Specialists

healthcare
PE-OWNED

Specialty and emergency veterinary hospital operator.

PE-OWNED

Acquired by Golden Gate Capital2018-07-25

View PE Firm Profile

What Made It Great

“

Specialized veterinary care with emergency and critical care services

What PE Will Likely Do

Predictions

Staffing reductions, with more veterinary technicians and assistants replacing experienced registered veterinary nurses

HIGH LIKELIHOODBased on: Golden Gate Capital's known tactics of cost-cutting and operational changes in acquired companies

Reduction in the range of specialty and emergency services offered, with potential closure of underperforming departments like oncology or neurology

HIGH LIKELIHOODBased on: The healthcare industry playbook showing high frequencies of staffing reductions, service line cuts, and billing upcoding by private equity firms

Increased wait times for appointments and emergency care as patient volumes are maintained with fewer staff

HIGH LIKELIHOODBased on: The negative consumer impact score of -0.02, indicating potential harm to the quality and accessibility of veterinary services

Potential billing upcoding, leading to higher out-of-pocket costs for pet owners without a corresponding increase in the quality of care

HIGH LIKELIHOODBased on: The negative consumer impact score of -0.02, indicating potential harm to the quality and accessibility of veterinary services

Expected Timeline

Phases
0-6 monthsCompleted

“0 to 6 months months”

Announcements of 'operational improvements' and leadership changes

6-12 monthsYOU ARE HERE

“6 to 12 months months”

Staffing cuts begin, with reductions in nursing and specialty care staff

12-24 months

“12 to 24 months months”

Noticeable decline in service quality, with longer wait times and reduced availability of specialized treatments

24-36 months

“24 to 36 months months”

Potential closure of underperforming departments or satellite locations, leading to reduced access to care for pet owners

Similar Cases

Other companies that followed a similar path after PE acquisition

Operating

Steward Health Care

Cerberus Capital Management·2010

See full case study
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Envision Healthcare

KKR·2018

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US Dermatology Partners

Ares Management·2016

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Hahnemann University Hospital

Cerberus Capital Management·2018

See full case study
Operating

Sound Physicians

Summit Partners·2019

See full case study

What You Can Do

Take Action

Actions

  • Monitor any changes in the availability and quality of specialty and emergency veterinary services at Guardian Veterinary Specialists

  • Be aware of potential increases in out-of-pocket costs for pet owners, and advocate for transparent and fair billing practices

  • Stay informed about any service line reductions or closures, and be prepared to seek alternative providers if the quality of care declines

Alternatives

Non-profit health systemsSAFE

Community-focused healthcare

Kaiser PermanenteSAFE

Integrated managed care consortium

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"Guardian Veterinary Specialists is now PE-owned. Here's what that means for you."