Interview: Kimball Carr of Inspire Veterinary Partners on how its shared equity model aims to challenge private equity in pet care

Against this backdrop, Inspire Veterinary Partners (NASDAQ: IVP) is claiming to position itself as an alternative to the PE-backed model. Excerpts:Kimball Carr, CEO, Inspire Veterinary PartnersChallenges of the PE-backed veterinary clinic model in the USCopy link to sectionInvezz: Your website says IVP offers a better way of veterinary ownership than ownership by private equity funds. We firmly believe there is no right or wrong choice between a PE-backed purchase of a veterinary clinic versus other models, such as Inspire Veterinary Partners. Typically, private equity does not provide shared equity in the business for the entire workforce. As an industry, and certainly for Inspire, the cost of care is a focus as providers of veterinary care seek to ensure pet owners can maintain high health standards for their pets.