Pathway Vet Alliance Acquires Vetspire

TSG Consumer Partners Acquires Majority Stake in Pathway Vet Alliance

May 20, 2023

Veterinary

TSG Consumer Partners has acquired a majority stake in Pathway Vet Alliance from investment funds managed by Morgan Stanley Capital Partners (MSCP); Pathway management will continue to lead the company and retain a significant minority interest. Pathway is a multi-site operator of more than 270 general practice, specialty and emergency veterinary hospitals and 86 THRIVE clinics in the United States, and also operates Veterinary Growth Partners, an MSO serving ~5,500 member hospitals.

TSG Consumer Partners Acquires Majority Stake in Pathway Vet Alliance

April 3, 2020

Healthcare Services

TSG Consumer Partners has acquired a majority stake in Pathway Vet Alliance from investment funds managed by Morgan Stanley Capital Partners. Pathway management will remain in place and retain a significant minority stake; TSG intends to leverage its consumer and branding expertise to scale Pathway's multi-site veterinary and MSO platform across the U.S.

AmeriVet Veterinary Partners Acquires Northeast Veterinary Partners

October 31, 2022

Veterinary

AmeriVet Veterinary Partners (San Antonio, TX) acquired 14 veterinary practices from Northeast Veterinary Partners in a buyout announced October 11, 2022, marking the first time AmeriVet has purchased another veterinary consolidator. The deal expands AmeriVet’s clinic network (bringing it to about 186 clinics at the time) and adds locations across New Hampshire, Massachusetts, Vermont, California and Maine as part of its ongoing consolidation and network expansion strategy.

Varsity Healthcare Partners Acquires VetEvolve from Align Capital Partners

October 16, 2023

Veterinary

Varsity Healthcare Partners completed a strategic growth investment to acquire VetEvolve, a Richmond, Virginia-based multi-location veterinary care platform. The transaction was a sale by Align Capital Partners; VetEvolve operates 32+ clinics across the Mid-Atlantic and employs over 600 team members, and VHP will partner with management to expand the platform into new geographies.

One Vet Acquires Veterinarians.org

September 28, 2021

Veterinary

Pet care platform One Vet has acquired Veterinarians.org, an informational website that provides up-to-date veterinary health information for pet parents. The acquisition will integrate Veterinarians.org's content into One Vet’s platform to help make veterinary care more accessible, faster, and more affordable for pet owners.

Doximity Acquires Pathway Medical

July 29, 2025

Healthcare Services

Doximity has acquired Montreal-based Pathway Medical Inc., a startup specializing in AI-powered clinical reference and decision support. The deal closed July 29, 2025 for $26 million in cash plus up to $37 million in equity grants (total consideration up to $63 million), bringing Pathway's physician-led AI team and datasets into Doximity's clinical product suite.