Rarebreed | July 16, 2022
Revelstoke Capital Partners (together with its affiliates "Revelstoke"), a private equity firm focused on investing in healthcare services companies, announced today that it has completed fundraising for Revelstoke EPIC Fund III ("EPIC III" or the "Fund") to support the growth of Rarebreed Veterinary Partners ("Rarebreed"), which Revelstoke recapitalized in December 2021. EPIC III, with $376 million of commitments, was substantially oversubscribed and is the third single-asset vehicle in Revelstoke's EPIC Fund series, which collectively totals over $1 billion in commitments. Since the firm's inception in 2013, Revelstoke has raised over $3.9 billion in equity commitments and has invested in 25 platform companies and 132 add-on acquisitions.
Concurrently with the closing of EPIC III, Rarebreed completed the acquisition of Revelstoke portfolio company Vet's Best Friend, establishing Rarebreed as a leading veterinary services platform in the northeastern United States. Upon the combination with Vet's Best Friend, Rarebreed now operates 118 hospitals in 11 states providing services spanning the full continuum of veterinary care, including general practice, urgent care, emergency and specialty. With Revelstoke's investment, Rarebreed is well-capitalized to pursue future growth through acquisitions, the opening of new locations and same store sales, all with a focus on increasing access to quality veterinary care.
"We appreciate the significant support from a global limited partner investor base in Revelstoke's EPIC Fund series. We are enthusiastic about Rarebreed's growth prospects and goal of becoming the leading veterinary services platform in the United States."
-Simon Bachleda, Co-Founder and Managing Partner of Revelstoke.
Anthony Hayes, Partner of Revelstoke, added, We are excited to continue to support Rarebreed's mission to reimagine the way veterinary medicine is delivered through exceptional patient care, outstanding client service and a continued focus on providing a differentiated employee experience to our veterinarian partners.
"Rarebreed has achieved significant growth over the years and we are excited about our plans as a diversified and technologically-differentiated veterinary services platform of scale, Capital from this new investment will be used to support our goal of accelerating our rapid growth through further acquisitions and the opening of new locations, as well as the addition of ancillary service lines, to best serve our communities by delivering veterinary care to more patients."
-Dan Espinal, Chief Executive Officer of Rarebreed.
Revelstoke is a private equity firm formed by experienced investors who focus on building industry-leading companies in the healthcare services and healthcare technology sectors. Revelstoke partners with entrepreneurs and management teams to execute on a disciplined organic and acquisition growth strategy as it strives to build exceptional companies. Revelstoke is based in Denver, Colorado and has approximately $4.8 billion of assets under management. Since the firm's inception in 2013, Revelstoke has completed 157 acquisitions, which includes 25 platform companies and 132 add-on acquisitions.
Rarebreed is a technology-enabled operator of veterinary practices with the mission to become the employer of choice in veterinary care, one partnership and one team member at a time. Rarebreed prides itself on building trusted, lasting relationships with our partner hospitals, with goals to provide top-notch patient care, world-class client service, and an unparalleled work experience. Rarebreed continues to build a broad network of practices that values healthcare teams by offering them the tools necessary to grow, improve, and reimagine the veterinary experience.
AbbVie | June 28, 2022
AbbVie kicks off its seventh Week of Possibilities with approximately 15,000 employees volunteering in more than 50 countries to serve local communities around the world. From June 27 to July 1, AbbVie employees will work with trusted community partners to complete hands-on projects, including renovating schools, playgrounds and community centers, to benefit local communities impacting tens of thousands of people.
Supporting our local communities is at the heart of AbbVie's culture, and there is no greater example of this than our annual Week of Possibilities, where AbbVie employees around the world come together through volunteering to embrace our shared commitment of giving back. We are thrilled our employee volunteers are returning to service projects in local communities this year following a two-year pause caused by the pandemic. We look forward to collaborating with our nonprofit partners to make a real impact in our local communities across the globe."
Tracie Haas, president, AbbVie Foundation
To bring Week of Possibilities to life, the AbbVie Foundation works with longstanding community partners, including Heart of America Foundation and KABOOM! in the U.S., and Points of Light globally. At its North Chicago headquarters, AbbVie partners with North Chicago Community Partners, Bernie's Book Bank, Habitat for Humanity and others. Service projects vary by region and are selected based on the greatest needs in local communities. Project highlights include:
In North Chicago, employee volunteers will renovate four local schools, help teachers prepare for the move into the new middle school, Neal Math and Science Academy, build a new community playground, participate in book, food and clothing sorting, and build two single family homes for families in need.
In Brisbane and Anaheim, California, AbbVie volunteers will transform two community playgrounds.
AbbVie teams will create STEM Labs and renovate libraries at schools in Santa Ana and Redwood City, California; Washington, D.C.; Tampa, Florida; Chicago, Illinois; Boston and Worchester, Massachusetts; Newark, New Jersey; Brooklyn, New York; Philadelphia, Pennsylvania; and Austin and Houston, Texas.
Globally, AbbVie's partnership with Points of Light will impact thousands of students in dozens of schools and community centers with refreshed and refurbished learning, meeting and outdoor spaces. AbbVie employees will also focus on making a positive impact to the environment and serving local communities through food banks and education-focused initiatives. Additionally, select AbbVie volunteers in Europe will prepare supplies and kits for Ukrainian refugees.
Collectively, AbbVie volunteers in more than 50 countries will serve the greatest needs in their local communities and help create a positive, lasting impact for children and families.
Since its inception, AbbVie has been recognized for its corporate citizenship, including as one of top "Companies that Care" by Great Place to Work® and PEOPLE.
AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio.
About the AbbVie Foundation
The AbbVie Foundation, a nonprofit 501(c)(3) foundation, is dedicated to having a remarkable impact for local communities in need around the world through a commitment to building sustainable health care systems and effective educational programs.
Bloomerang | May 27, 2022
Bloomerang, the complete donor management solution for thousands of small and medium-sized nonprofits, announced the availability of an Android mobile application (app) to complement Bloomerang's iOS app. With the app, the fundraising power of Bloomerang can be accessed from anywhere and in real time to provide meaningful insights that improve constituent interactions. As fundraisers get back into the field with in-person meetings and events, they can access the data they need to process donations on the go, increase productivity, and engage in real-time donor engagement activities–all from their phone.
As we return to more in-person donor meetings and fundraising events, fundraisers need to access detailed donor information whenever they need it, and collect donations and purchases anywhere. Now fundraisers can keep up to date on their donors, fundraise on the go more efficiently, and ultimately build better relationships with their constituents."
Tammy Hammond, Bloomerang's Chief Product Officer
Bloomerang's mobile apps for iOS and Android are essential for fundraisers on the move and aim to help them:
Capture and process donations securely onsite
Stay on top of important tasks and move their mission forward from anywhere
Improve donor retention with real-time donor insights
Keep donor data accurate and up to date
These key mobile app features make it possible for fundraisers to move their mission forward while they're in the field:
Favorite constituents for quick access, or look up constituents before a call or meeting.
Use quick contact for a one-tap connection with the constituent.
View a summary and get a complete picture of a donor's engagement on the timeline.
Manage tasks on the go. Call, text, or email directly from a task, then create follow-ups for the next steps.
Enter interaction notes from a call or meeting while the conversation is still fresh.
Update notes and send text messages hands-free with voice-to-text.
Save time from manual data entry with real-time donation processing and a built-in card reader feature.
This latest release supports Bloomerang's vision to deliver the donor management and fundraising platform of the future. Earlier this year, Bloomerang was named a "Best Place to Work in Indiana" in 2022, and launched a new brand identity to better articulate the value and services offered to the nonprofit community. Bloomerang's suite of online fundraising tools also strengthens nonprofits' ability to cultivate deeper relationships with their donors and increase the impact of their fundraising campaigns.
Schedule a consultation to learn more about how Bloomerang's donor management software can empower nonprofits to raise more funds and create lasting change.
Indianapolis-based Bloomerang is the complete donor management solution that helps thousands of small and medium-sized nonprofits deliver a better giving experience and create stable, thriving organizations. Combining robust, simple-to-use technology with people-powered support and training, Bloomerang empowers nonprofits to work efficiently, improve their donor relationships and grow their donor bases. With Bloomerang, nonprofit professionals love their work and have another teammate in the cause.