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GREENWICH, Conn., February 1, 2021 / PRNewswire / – Atlantic Street Capital continues its leadership role in recruiting various directors for portfolio companies and has appointed three new directors to the board of one of its portfolio companies, United Veterinary Care, the national veterinary clinic and surgical services company. Belong to the directors Tracey Gray-Walker, CEO of the American Veterinary Medical Association Trust; Deborah Kochevar, DVM, PhD, Dean Emerita and professor at the Cummings Tufts University School of Veterinary Medicine;; and Clinton Lewis, Former EVP and Group President responsible for international operations, commercial development and life cycle innovation, global genetics and aquatic health at Zoetis, the largest global animal health company. Gray-Walker and Kochevar are now serving in their new board roles. Lewis will join the board on March 1, 2021.
“It is essential to our investment philosophy that we create the conditions for the best possible governance in our portfolio companies. This means an improvement in racial and gender equality in these bodies,” he said Andy Wilkins, Co-Chief Executive Officer at Atlantic Street Capital. “We are committed to recruiting a variety of board members to position United Veterinary Care for a period of outstanding growth.”
Aiming at entrepreneurial firms prepared for their next level of growth, Atlantic Street Capital was the first private equity firm to undertake an institutional effort to recruit women to its portfolio companies’ boards of directors and other senior positions, and is now expanding its Diversity efforts. More than 25% of the senior executives and management consultants at Atlantic Street Capital’s portfolio firm are women, while the private equity industry has women in less than 10% of senior positions, according to Prequin research.
United Veterinary Care is building its board at a point of increasing demand in the animal health market. A boom in pet adoption begins shortly after the pandemic. The $ 35 billion The veterinary industry had already grown at a rapid rate of 8-10% per year.
The newly expanded body also reflects the demographic change in veterinary talent. “Women now make up 80 to 90 percent of the classes studying in veterinary schools,” he said Scott Crawford, DVM and CEO of United Veterinary Care. “As a veterinary professionals company, we want to diversify the organization and reflect the changing demographics as this feminine talent emerges. With two strong women on the board, we can now set the stage for greater gender diversity create across the company. “
“I am honored to serve on the board of United Veterinary Care,” he said Tracey Gray-Walkerwho is also a director at ASAE Insurance. “I look forward to working with the leadership team and fellow board members to expand the inclusive approach to business growth and service to the profession.”
Dr. Kochevar, who is also on the board of directors of Charles River Laboratories International, Inc. and Elanco, said of her new role, “United Veterinary Care is a veterinary assimilator with a commitment to positive culture, communication, and collaboration, and teamwork.” said Dr. Kochevar. “The result is an environment where people and their animals thrive.”
For more information, please contact Suzanne Oaks Brownstein or Page Mar. from Temin and Company at 212-588-8788 or [email protected].
About Atlantic Street Capital
Atlantic Street Capital is a private equity firm that invests in lower middle class companies $ 4 million and $ 15 million in EBITDA. The company invests in fundamentally solid companies that benefit from capital investments and strategic and operational initiatives with added value. Atlantic Street Capital’s approach is hands-on investors who work closely with management to unlock the underlying value of their business and help them succeed. The company is currently investing in Atlantic Street Capital IV, LP. More information is available at www.atlanticstreetcapital.com.
SOURCE Atlantic Street Capital