Pathway Vet Alliance climbs into top 500 on annual Inc. ranking of America’s fastest-growing private companies
Pathway Vet Alliance, a leading national veterinary management group serving pets and their parents in the U.S., announced on Wednesday the company has been recognized for the second straight year on Inc. magazine’s annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies.
The Austin-based veterinary hospital group surged 667 spots to claim No. 427 on the 2019 Inc. 5000 ranking, with a three-year revenue growth of 1,065 percent. Pathway previously debuted on the list in 2018 at No. 1,094.
“It is an absolute honor to continue experiencing the kind of growth necessary to be included amongst the most successful companies in America for two consecutive years,” said Stephen Hadley, DVM and CEO of Pathway Vet Alliance. “Accelerating our pace of growth has been a significant undertaking for our entire team and without their efforts this achievement wouldn’t have been possible.”
Founded in 2003 as a single veterinary practice, Pathway has grown both organically and through acquisition, expanding the company’s best-in-class veterinary care model to patients in 33 states.
Since 2017, Pathway has led the industry in growth by adding over 175 hospitals and more than 4,500 employees to its national network, bringing its total number of hospitals to more than 200.
The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
About Pathway Vet Alliance
Founded in 2003 and headquartered in Austin, Texas, Pathway Vet Alliance has grown from a single veterinary practice to over 200 locations across the U.S. Pathway’s mission is for its team members to be change agents for good, who support people doing what they love so, together, they can transform the veterinary industry and the world – for the better. Pathway looks for practices and doctors seeking opportunities to grow and provides personalized management support to help them focus on providing the best possible care to their patients. Pathway has differentiated itself by focusing on the unique needs of each practice and partnering with the local team to implement their vision and work with their values. Learn more at www.pathwayvets.com.
More about Inc. and the Inc. 5000
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.