Pieper Veterinary teams up with Chicago Pacific Founders

Pieper Veterinary, a Connecticut-based family of veterinary hospitals, has partnered with Chicago Pacific Founders (CPF), an investment adviser that manages private equity funds in the healthcare services sector with a focus on founder-led businesses.

"We're excited to continue to grow our family of hospitals and we could not be happier to be partnered with CPF on the next chapter of expansion. They share our commitment to a founder mentality and veterinarian-led medicine. Our goal is to partner with privately-owned hospitals who want to grow and expand while preserving their unique culture and legacy. We offer invaluable operational support to accelerate growth and the opportunity for veterinarians to participate in leadership and equity," said Tessa Olson, CEO of Pieper, in a company release.¹

From left to right: Dr Ben Olson, Dr Virginia Nunez-Olson, Dr Robert Olson, Tessa Olson

According to the release,¹ Pieper Veterinary was founded in 1937 by Neil Pieper, DVM, and later joined by Robert Olson, DVM, and Virginia Nunez-Olson, DVM, in 1982. It provides specialty, emergency and urgent care medicine integrated with full-service general practices across 6 hospitals with over 340 employees, including 65 veterinarians. Pieper Veterinary is currently led by siblings CEO Tessa Olson, MBA, and CMO Ben Olson, DVM, DACVIM (Neurology), who have helped offer advanced veterinary care to the community and create prestigious doctor and technician training programs.

Pieper Veterinary owes its success to supporting the belief that education is essential to accelerating veterinary medicine. Along with yearly classes of rotating and specialty interns, residents, and externs, Pieper serves as the teaching hospital for local Middlesex Community College's technician program, and frequently provides educational lectures in specialty and emergency medicine to regional veterinarians.

"We are bringing together veterinarians and medical teams from every type of practice to create integrated veterinary care systems within our communities," added Ben Olson, DVM, DACVIM (Neurology), CMO of Pieper. "With our expanding footprint and scale, we will be poised to support our community of doctors and staff with collaboration, mentorship, additional flexibility, and development opportunities across all stages of their careers, which leads to even better services for our patients and clients."¹

Chicago Pacific Founders feels that Pieper is distinguished in its ability to thrive in the increasingly competitive veterinary space. "We are deeply impressed with Pieper's operational excellence, veterinarian-centric culture, and proven ability to attract and cultivate talent via its decade-long internship programs and established veterinary and technician school partnerships. It is evident that these ingredients are instrumental to Pieper's impressive growth and renowned reputation," said Krista Hatcher, CPF Partner.¹

Reference

Pieper Veterinary Partners with Chicago Pacific Founders. News release. Pieper Veterinary Partners. April 18, 2023. Accessed April 18, 2023. https://www.prnewswire.com/news-releases/pieper-veterinary-partners-with-chicago-pacific-founders-301799872.html