The Corporate Squeeze: How Corporate Consolidation is Disenfranchising Associate Veterinarians and Fueling Startups
Dec 31, 2019
In case you have been hiding under a rock the last few years, corporate consolidators have thrown piles of cash at acquiring veterinary practices throughout the U.S., which has resulted in lucrative practice purchases at astonishing valuation multiples. The corporate feeding frenzy is directed at multi-doctor practices with large client bases, healthy financials, geographic locations in greater metropolitan areas, and owners with short-term retirement goals (hereinafter the “Key Practices”). The general consensus is that these Key Practices...
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