Archives: Materiały dla mediów

LuxVet Group has welcomed another veterinary practice to its ranks: the Vets & Pets veterinary practice in Wrocław.

The Vets & Pets veterinary practice is located at Zakładowa 11N in Wrocław. The facility, founded by Magdalena Burz-Skaba, DVM, is guided by the motto “One friendly place for the many needs of your pet”. The Vets & Pets team consists of 12 specialists who provide services in internal medicine, soft surgery, dermatology, dentistry, cardiological consultations, as well as pet nutrition and behavioural science. The facility also offers specialised treatment and diagnostics for exotic animals.

In the modern and friendly Vets & Pets interior, there are three consultation rooms dedicated to specific animal species, a hospital, an operating theatre, an X-ray room, a dental office (with an X-ray and dental unit), as well as a reception area with separate pet waiting areas and a pet shop. The facility also has a laboratory where blood, stool, urine and specialised tests can be carried out (hormones, diagnosis of pancreatitis in dogs and cats etc.) as well as blood tests for exotic animals.

The LuxVet Group will support the continued development of Vets & Pets by equipping the facility with an endoscopy suite, among other things; it will also support the practice in the areas of administration and accounting, operations, purchasing, HR and recruitment, IT, and marketing. The team will have access to the Group’s training and knowledge exchange program as well as employee benefits, such as private healthcare.

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About LuxVet Group

The LuxVet Group integrates and develops the Polish veterinary industry in a flexible, partnership-based business model, respectful of the clinics growth and development to-date. By cooperating with doctors and owners of leading animal treatment facilities, and by building its first pet hospital in Poland, the LuxVet Group is looking to develop the highest quality veterinary services and improve the industry’s working standards nationwide.

The Group is backed by three investment funds: Oaktree Capital Management – the majority shareholder (OCM is also the majority shareholder of a sister platform, the UNAVETS Group in Iberia), Cornerstone Investment Management and INVL Baltic Sea Growth Fund.

www.grupaluxvet.pl

The INVL Baltic Sea Growth Fund, a leading Baltic private equity fund, is entering the veterinary sector in Poland. MiniVet, one of the fund’s portfolio companies in Lithuania, is investing in the LuxVet Group, one of Poland’s largest networks of veterinary care providers. The LuxVet Group is also looking to replicate its successful operations in other CEE countries.

The largest shareholders of the LuxVet Group are funds managed by Oaktree Capital Management, L.P. (“Oaktree”), a leader among global investment managers specializing in alternative investments, and Cornerstone Investment Management, one of the leading investment management firms in Central and Eastern Europe.

Oaktree already has a successful veterinary expansion case under its belt in UnaVets, now a leading chain of veterinary clinics in Spain and Portugal, while Cornerstone Investment Management has contributed significantly to Polish market consolidation of the LuxMed medical chain and has had an instrumental role in setting up the LuxVet Group in Poland.

LuxVet Group is already one of the largest veterinary networks in Poland and, by implementing a buy-and-build strategy to consolidate the sector, expects to become the leader in its home country and region by the end of the year. The Group will open an animal hospital for more complex procedures.

The INVL Baltic Sea Growth Fund acquired the MiniVet chain in June 2022. MiniVet owns two veterinary clinics in the Lazdynėliai and Pilaitė districts of Vilnius.

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About the INVL Baltic Sea Growth Fund

With a size of EUR 165 million, the INVL Baltic Sea Growth Fund is one of the largest private equity funds in the Baltics. The European Investment Fund (EIF) is its anchor investor.

The EIF, which is a part of the European Investment Bank, has committed EUR 30 million with the support of the European Fund for Strategic Investments (a key element of the Investment Plan for Europe, or ‘Junker Plan’) while also allocating resources from the Baltic Innovation Fund, a “fund of funds” initiative developed in cooperation with the governments of Lithuania, Latvia and Estonia. The initiative aims to increase capital investment in high-growth-potential small and medium-sized enterprises in the Baltics.

The fund seeks to assemble a diversified portfolio, targeting majority or significant minority stakes through investments of EUR 10 million to EUR 30 million in companies that demonstrate high growth potential and an ability to succeed in conditions of increasing global competition.

The fund is focused on the Baltic countries and neighbouring regions including Poland, the Nordics and Central Europe. The fund so far has invested in six companies in sectors including healthcare, civil engineering, environmental management (plastic recycling and waste management), veterinary services, and the manufacturing of cosmetics and hygiene products.

The fund is managed by INVL, the leading Baltic investment management and life insurance group. The group’s companies manage pension and mutual funds and life insurance directions, individual portfolios and private equity and other alternative investments. More than 290,000 clients in Lithuania and Latvia plus international investors have entrusted the group with the management of over EUR 1.7 billion of assets. In the business for 30 years now, the group has solid experience in managing private equity assets and building market players that are leaders in their respective fields in the Baltic countries and Central and Eastern Europe.

For additional information, please visit INVL Baltic Sea Growth Fund’s website at www.bsgf.invl.com

About LuxVet Group

The LuxVet Group consolidates and develops the Polish veterinary industry in a flexible, partnership-based business model. By cooperating with doctors and owners of leading animal treatment facilities, and by building its first animal hospital in Poland, the LuxVet Group is looking to develop the highest quality veterinary services and improve the industry’s working standards nationwide.

Established in 2021, the LuxVet Group currently owns eight veterinary businesses. The portfolio includes: Bemowo Veterinary Clinic, one of the largest and best known vet clinics in Warsaw, providing 24/7 specialized and emergency care for pets; Psychodnia, a modern clinic in Warsaw specialising in pet rehabilitation and orthopaedic surgery; Vivovet in Wroclaw, a broadly recognised centre for diagnosing difficult veterinary cases; GSWet, the largest veterinary clinic in Gdynia, with specialised, state-of-the-art care including blood banking and treatment with platelet-rich plasma and stem cells; VetHouse in Lublin, specialising in echocardiography, nephrology and pulmonology and developing additional initiatives such as blood banking and genetic diagnostics for tick-borne diseases; ORKA in the south-west region of Poland (Silesia), which treats pets and provides veterinary care for large-scale poultry farms; and CZMZ in west-central Poland (Greater Poland), a modern veterinary clinic specialising in general surgery, orthopaedics and cardiology. The group also includes PerfectVet, Poland’s first commercial training centre for veterinarians, and Pethelp, Poland’s first and largest pet health plan and veterinary telemedicine business.

The Group is backed by two investment funds, Oaktree and Cornerstone Investment Management.

For additional information, please visit LuxVet Group’s website at www.grupaluxvet.pl

About Cornerstone Investment Management

Cornerstone Investment Management, founded by Przemysław Krych in 2001 is CEE’s leading private equity investment management business. With a team of experienced professionals, we deliver superior returns in areas we invest in: corporate private equity, private debt and private equity real estate – by leveraging the deep reservoir of knowledge, relationships and skillset of our team to unlock situations and create exceptional returns for our investors.

The company’s track record includes investments in various sectors including: real estate, IT managed services, cable operators, renewable energy, healthcare, food, green metals, petcare and financial services. Spravia, Elemental, Okechamp, Luxmed, Avenga, the LuxVet Group, ProService Finteco and Griffin are all prime examples that illustrate the diversity of industries and sectors in which Cornerstone Investment Management has invested.

For additional information, please visit Cornerstone Investment Management’s website at www.cornerstone-im.com

About Oaktree

Oaktree is a leader among global investment managers specializing in alternative investments, with $159 billion in assets under management as of June 30, 2022. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,000 employees and offices in 20 cities worldwide.

For additional information, please visit Oaktree’s website at www.oaktreecapital.com

One of the largest and best known vet clinics in Warsaw, the Bemowo Veterinary Clinic, is the most recent addition to the LuxVet Group, a leading veterinary healthcare group in Poland.

Bemowo Veterinary Clinic, located at Powstancow Slaskich 101 in Warsaw, was founded over 30 years ago by Pawel Kowalczyk, DVM, a well-known expert in endoscopy, who continues to run the Clinic today.

The practice offers 24/7 veterinary care, and has five consultation and treatment rooms, two operating rooms, a laboratory, diagnostic imaging, and a small pet hospitalization area. It was founded as one of the first private vet practices in Warsaw and has since become a round-the-clock veterinary clinic, providing specialized and emergency care for pets.

The team is comprised of 65 people, including a clinical team of 40 veterinarians and 10 vet nurses, which allows the Bemowo Clinic to offer a broad range of specialized services, including general surgery, orthopedics, soft tissue surgery, emergency care, trauma treatment and endoscopy, as well as cardiology, oncology, neurology, ophthalmology and dentistry. Bemowo also works with academic lecturers and external specialists for diagnostic imaging, exotic animal care treatment, etc.

Based on the agreements signed with the LuxVet Group, Pawel Kowalczyk will continue to oversee the practice and will also become the Group’s Medical Director and play a key role in building the first referral pet hospital the Group is planning to open in Warsaw.

The LuxVet Group will invest in renovating the Clinic, refurbishing the interior and adapting it to the needs of disabled customers to facilitate access for both patients and caregivers. The Group will also support the practice in the area of business administration and accounting, operations, purchasing, HR and recruitment, IT, and marketing. The team will have access to the Group’s training and knowledge exchange program as well as employee benefits, such as private healthcare.

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About the LuxVet Group

The LuxVet Group integrates and develops the Polish veterinary industry in a flexible, partnership-based business model, respectful of the clinics growth and development to-date. By cooperating with doctors and owners of leading animal treatment facilities, and by building its first pet hospital in Poland, the LuxVet Group is looking to develop the highest quality veterinary services and improve the industry’s working standards nationwide.

The Group is backed by two investment funds, Cornerstone Investment Management and Oaktree Capital Management (OCM is also the majority shareholder of a sister platform, the UNAVETS Group in Iberia).

For more information visit: www.grupaluxvet.pl

About the UNAVETS Group

The UNAVETS Group occupies a leadership position in the veterinary healthcare market in Iberia (through UNAVETS in Spain and Onevet in Portugal). The Group has successfully integrated over 80 veterinary practices in in 2.5 years. Currently, the Group has over 850 team members, including over 45 professionals in the shared services group, who support the clinical teams and business administration of the group. The company plans to continue with its growth strategy in Iberia and other European countries, while developing new lines of services, innovating with digital commitment internally and with its customers, and promoting training and development scientist within the clinical team. For more information visit: www.unavets.com

Centrum Zdrowia Małych Zwierząt (CZMZ)  in Gorzów Wielkopolski is another veterinary clinic that will grow with the support of the LuxVet Group. To begin with, the clinic will gain a new rehabilitation surgery. There are also plans to create an emergency ward.  

Centrum Zdrowia Małych Zwierząt in Gorzów Wielkopolski (ul. Myśliborska 38) is a modern veterinary clinic specialising in surgery, orthopaedics and cardiology. Its founders: lek. wet. Paweł Stolarek and lek. wet. Artur Domaradzki focus on modern solutions, such as innovative methods of bone assembly and regenerative medicine procedures. The facility also provides services in infectious disease prevention, imaging and laboratory diagnostics, oncology, internal medicine and dentistry. It has modern equipment for X-ray, ultrasound, endoscopy and bronchoscopy, cryotherapy, magnetotherapy, blood analysis and microscopic diagnosis.

In the first stage, a new rehabilitation office will be created in CZMZ, separated by the Group’s team of architects into the existing area of the clinic. The surgery will be provided with modern equipment, including a water treadmill, enabling, among others, treatment of orthopaedic and neurological conditions, rehabilitation after surgery, support in weight loss or improvement of the living comfort of senior dogs. All adaptation work and the purchase of equipment will be coordinated by LuxVet Group in collaboration with the facility’s team.

There are also plans to create the first emergency ward in Gorzów Wielkopolski, so that patients will receive help on site in emergencies and will no longer have to travel to neighbouring cities.

As part of the integration into the Group, CZMZ employees will be covered by an internal programme of knowledge exchange (including with partners from the Spanish-Portuguese veterinary network UnaVets) and external training, as well as gaining additional benefits such as private medical care. The practice will also receive comprehensive accounting and administrative support, the opportunity to benefit from lower supplier prices through group purchasing, IT support and marketing advice. This will enable the team to focus on patient care and the further development of the medical offer, which the Group will support.

The processes of integrating the facility into the Group’s structures will be carried out at a pace commensurate with its dynamics.  Centrum Zdrowia Małych Zwierząt will retain its existing name and logo. LuxVet will also not interfere with the medical procedures used at the clinic.

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LuxVet Group’s activities include the creation of its own hospitals and clinics and the integration of veterinary entities already on the market, with respect for their existing achievements. By working together with doctors and owners of leading animal treatment facilities, the Group creates a new quality of veterinary services and raises the standards of work in the industry.

LuxVet24 sp. o.o. is a Polish company supported by capital from two investment funds: Oaktree Capital Management and Cornerstone Investment Management.

www.grupaluxvet.pl

The ORKA Veterinary Clinic in Czechowice-Dziedzice joined the LuxVet Group this August. The Group will invest in refreshing its interiors, develop selected specialisations and create additional jobs. Determination of the scope of investment activities and their implementation is taking place in close cooperation with the founders of the facility.

The ORKA Veterinary Clinic (ul. Mazańcowicka 36, Czechowice-Dziedzice) was established in 1990 and is now one of the best known veterinary facilities in the region. The founders, veterinary specialists, Róża and Krzysztof Orlik, skilfully combine tradition and a family atmosphere with modernity, expressed, among other things, in state-of-the-art equipment and a constantly expanding range of services. Currently ORKA consists of a veterinary clinic, a certified Labo-Vet veterinary laboratory and a pet shop. The clinic is equipped with modern diagnostic (ultrasound, ECG, endoscope, X-ray) and treatment equipment. It has an operating theatre suitable for most general surgery and orthopaedic procedures.

Upcoming plans include expanding the ORKA team to include specialists in dentistry, internal medicine, dermatology and cardiology. The LuxVet Group will renovate and equip the rehabilitation room, provide the facility with additional equipment for orthopaedic procedures and finance the purchase of gastroscopy equipment. The interior of the facility will be refreshed, a new reception desk and signage for the clinic will be created. In addition, the facility will receive support in administrative and accounting work, purchasing, IT support and marketing. LuxVet will not interfere with the clinic’s medical procedures. The clinic will also retain its existing name and logo.

The processes of integrating outpatient clinics into the Group’s structures will be carried out at a pace that matches its dynamics.  The LuxVet Group will also take care of employees, offering them, among other things, a training system and private medical care.

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LuxVet Group’s activities include the creation of its own hospitals and clinics and the integration of veterinary entities already on the market, with respect for their existing achievements. By working together with doctors and owners of leading animal treatment facilities, the Group creates a new quality of veterinary services and raises the standards of work in the industry.

LuxVet24 sp. o.o. is a Polish company supported by capital from two investment funds: Oaktree Capital Management and Cornerstone Investment Management.

www.grupaluxvet.pl

Lublin Veterinary Training Centre PerfectVet – a nationally renowned company offering specialist training for veterinary surgeons and technicians – has joined the LuxVet Group. The cooperation will result in further development of PerfectVet and even better access to knowledge for the staff of the Group’s facilities.   

Lublin Veterinary Training Centre PerfectVet offers specialist training courses in veterinary medicine, aimed at the practical aspects of the veterinary profession, as well as workshops for veterinarians and veterinary technicians. With the cooperation with national and international authorities, training courses are characterised by a high level of content and are very popular among clients.

LuxVet Group will work closely with the founders of PerfectVet. Supervision of the training programme and the company’s day-to-day operations will continue to be exercised by prof. dr hab. Łukasz Adaszek in cooperation with dr n. wet. Marcin Garbal. LuxVet will support the development of the training programme offer and the recruitment of new experts for cooperation. In addition, PerfectVet’s offer will be expanded to include intimate, highly specialised workshops where participants will be able to take part in surgical procedures. There are also plans to implement solutions to automate the training enrolment process and post-sales customer service, as well as to create an online workshop module.

LuxVet Group is a Polish platform integrating veterinary clinics and surgeries. The group supports their further development and helps expand their offers with new specialisations – by financing the purchase of equipment or adapting premises for new surgeries. These activities are accompanied by investment in vocational training for the staff of the attached facilities. Teams gain additional competencies and can develop in new areas of veterinary medicine – within their existing workplace.

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LuxVet Group connects and develops the Polish veterinary industry in a flexible, partnership business model. In cooperation with doctors and owners of leading animal treatment facilities, we create a new quality of services and raise the standards of work in the veterinary sector.

As part of our activities:

• We open our own veterinary facilities – including the largest animal hospitals in Poland. We are creating them based on the knowledge of Polish medical authorities and the best Western European models. In the coming years, we will build 5 modern hospitals that will cooperate with the Group’s other facilities across the country.
• We integrate existing veterinary entities – from one-person practices to specialised clinics. We integrate them into our platform, offering their owners capital support and modern solutions: organisational, technological, equipment and training.
• We support their further development – with respect for past achievements. The facilities that join us retain their own brand and local identity. We do not interfere in medical decisions or impose procedures. We listen and exchange knowledge, relieving the owners of management and administrative activities to the extent that suits them.
• We raise working standards in the veterinary sector – increasing staff satisfaction. We propose solutions for better work organisation and provide access to specialised training and tools for the professional development of our facilities’ staff.

LuxVet24 sp. o.o. is a Polish company, backed by capital from two investment funds:

• Oaktree Capital Management – one of the largest investment funds in the world, with a capital of €153 billion. The fund co-owns, among others, its sister platform UnaVets, which has successfully integrated 75 veterinary units in Spain and Portugal in 2 years.
• Cornerstone Investment Management – a leading private equity investment management firm in Central and Eastern Europe, managing €7 billion in capital. It first invested in the medical industry in 2002, becoming involved in the development of the Lux Med group.

VetHouse Veterinary Clinic has joined the LuxVet Group and is embarking on a new, intensive phase of development. Extensive support and commitment from the new investor will soon result in a new medical offer for patients and further training for employees.  Among other things, the facility will gain new equipment for nephrology, neurology and ophthalmic examinations, as well as support in promoting additional initiatives carried out by the founders.

VetHouse Specjalistyczne Centrum Weterynaryjne (ul. Wróbla 66 lok. 2, Lublin) was founded by dr wet. Agata Jankowska and dr n. wet. Marcin Garbal. The facility provides specialist services in surgery, cardiology, haematology, nephrology, ophthalmology, neurology, oncology, radiology and dentistry. It has a fully equipped operating theatre and high-end imaging, ophthalmology and laboratory diagnostic equipment. Additional initiatives are also being developed at the clinic, such as the Veterinary Blood Bank for animals and genetic diagnostics for tick-borne diseases.

The LuxVet Group is funding the development of all clinics joining it, each time consulting the scope of these investments with the team working on site. In the case of VetHouse, the focus will be on further developing nephrology, neurology, ophthalmology and dermatology. The Group will invest in additional equipment and staff, both through training for the existing team and additional recruitment.

In addition, the facility will be relieved of the day-to-day administrative and accounting work and will gain support in purchasing, IT and marketing. The Group will also take care of its employees, offering them, among other things, private medical care and a training system designed to build individual career paths.

A special role will be played by dr n. wet. Marcin Garbal, who will become one of the regional leaders of the LuxVet Group.

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LuxVet Group’s activities include the creation of its own hospitals and clinics and the integration of veterinary entities already on the market, with respect for their existing achievements. By working together with doctors and owners of leading animal treatment facilities, the Group creates a new quality of veterinary services and raises the standards of work in the industry.

LuxVet24 sp. o.o. is a Polish company, backed by capital from two investment funds: Oaktree Capital Management and Cornerstone Investment Management.

www.grupaluxvet.pl

We would like to inform that, as of 28 July 2022, Piotr Zajączkowski, who – as a Partner in the Cornerstone Investment Management fund – has been involved in the processes of creation and development of the LuxVet Group from the beginning, has become the President of the Management Board of Luxvet24 Sp. z o. o.

Piotr Zajączkowski has over 20 years of experience in private equity, management and M&A. He has managed a number of large structured finance projects, corporate bond issues and public share offerings. He has served on numerous management and supervisory boards, including InterCars, Multimedia Polska and Etoto.

President of the Management Board, Marcin Halicki, ceases to perform his current role, but will continue to support the LuxVet Group’s growth in Poland and abroad.

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LuxVet Group’s activities include the creation of its own hospitals and clinics and the integration of veterinary entities already on the market, with respect for their existing achievements. By working together with doctors and owners of leading animal treatment facilities, the Group creates a new quality of veterinary services and raises the standards of work in the industry.

LuxVet24 sp. o.o. is a Polish company, backed by capital from two investment funds: Oaktree Capital Management and Cornerstone Investment Management.

www.grupaluxvet.pl

The LuxVet Group has expanded by another facility. By virtue of the agreement signed, the Gdynia Veterinary Hospital of Dr Tomasz Brzeski, a veterinary surgeon, has joined it. In accordance with the Group’s operating philosophy, both the integration process and the further functioning of the clinic will take place in full cooperation with the existing owner and staff of GSWet. The Group will also invest in the development of the facility by launching, among other things, rehabilitation services and arranging reception space.

Gdynia Veterinary Hospital (ul. Kielecka 22, Gdynia) is a well-known facility throughout Pomerania, specialising in the diagnosis and implementation of complex orthopaedic procedures, cardiology, surgery, endoscopy, dermatology and biomedical therapies. GSWet has its own laboratory, modern diagnostic equipment (including a veterinary CT scanner), 2 operating theatres and a 24-hour supervised hospital. The team, led by veterinary surgeon Tomasz Brzeski, bases treatment on a holistic approach to patients, providing multidimensional outpatient and inpatient care.

LuxVet Group will invest in the creation of a rehabilitation clinic, which it will equip with, among other things, a water treadmill. As part of the Group’s in-house knowledge exchange programme, GSWet’s zoophysiotherapists will receive training at Warsaw’s Psychodni, which specialises in animal rehabilitation using this type of equipment.

Upcoming plans also include refreshing the interior of the facility, creating a new reception area and upgrading the IT infrastructure. GSWet will gain support in administration, accounting, purchasing, IT support and marketing, while employees will be covered by private medical care and a training system. LuxVet will not interfere with medical procedures.

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LuxVet Group’s activities include the creation of its own hospitals and clinics and the integration of veterinary entities already on the market, with respect for their existing achievements. By working together with doctors and owners of leading animal treatment facilities, the Group creates a new quality of veterinary services and raises the standards of work in the industry.

LuxVet24 sp. o.o. is a Polish company, backed by capital from two investment funds: Oaktree Capital Management and Cornerstone Investment Management. The CEO is Marcin Halicki, an expert in private equity investment management and co-founder of the Lux Med network.

www.grupaluxvet.pl

The agreement between the entities was signed in May. Work is currently underway to integrate the clinic into the Group’s structures, with a particular focus on communication with the existing Vivovet team. Upcoming plans also include the creation of a modern reception area, hiring a person responsible for administration, and building a website. The pace of the implementation work is adapted to the dynamics of the facility.

Vivovet veterinary clinic is located at ul. Św. Rity 38 in Wrocław-Iwiny. It provides a wide range of services in the treatment, prevention and care of small animals. Modern diagnostic equipment, its own laboratory and, above all, a team of specialists have made Vivovet a nationally renowned centre for the diagnosis of difficult veterinary cases.

The first visible effect of joining the LuxVet Group will be improved customer service. A modern reception desk will be created in the registration space. The Vivovet team will expand by the addition of an administrative employee, who will relieve the doctors of routine tasks of dealing with customers, orders or the circulation of documents. LuxVet will also take care of marketing (eg by creating a website or supporting social media activities), completely take over accounting and administrative tasks, and provide comprehensive support in the area of IT, purchasing or current operational topics. However, employees will be a priority.

Like all outpatient clinics joining the Luxvet Group, Vivovet will retain its existing name and logo. The Group will also not interfere with the medical procedures used at the clinic.

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LuxVet Group’s activities include the creation of its own hospitals and clinics and the integration of veterinary entities already on the market, with respect for their existing achievements. By working together with doctors and owners of leading animal treatment facilities, the Group creates a new quality of veterinary services and raises the standards of work in the industry.

LuxVet24 sp. o.o. is a Polish company, backed by capital from two investment funds: Oaktree Capital Management and Cornerstone Investment Management. The CEO is Marcin Halicki, an expert in private equity investment management and co-founder of the Lux Med network.