Sectors · Sector

Veterinary care

1 breakdown and 5 tracked deals in this sector, compiled from public reporting.

Disclosed value counts only deals where a figure was made public. Most private equity transactions never are, so treat this as a floor, not a total.

The breakdowns

• Oct 10, 2026

  Why Are Vet Bills So Expensive, and Who Really Owns Your Vet Clinic?

  U.S. vet prices rose about 62% from 2014 to 2024. How Mars, JAB and private equity bought vet clinics, and what Britain's regulator found when it checked.

Who is buying

The deals

1. 2007

   Banfield

   Acquisition

   CompletedU.S.Wikipedia — Banfield Pet Hospital
2. 2017$9.1B

   VCA

   Acquisition

   CompletedU.S.FTC — Mars / VCA consent order (Dec. 19, 2017)
3. 2019-06

   National Veterinary Associates (NVA)

   Acquisition · JAB Holding

   CompletedU.S.PE Professional — Ares and OMERS sell NVA to JAB (June 2019)
4. 2022$1.1B

   SAGE Veterinary Partners

   Acquisition · JAB Holding

   AgreedCalifornia; TexasFTC — JAB Consumer Partners / SAGE Veterinary Partners (June 13, 2022)
5. date t.b.c.

   BluePearl

   Acquisition

   CompletedMars Veterinary Health — company website

Compiled from public reporting. Not investment advice.