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Started By
Message
Private equity is killing our pets.
Posted on 1/8/26 at 1:10 pm
Posted on 1/8/26 at 1:10 pm
The replies are worth reading.
https://xcancel.com/HustleBitch_/status/2008936796223066442
Here’s what changed:
Just 10 years ago, corporations owned about 8% of vet clinics.
Today it’s near 50% - and ~75% of emergency pet care.
More than $61 BILLION has flooded into buying up “local” vets and rolling them into private-equity networks.
They keep the same logo. Same staff. Same friendly waiting room.
Behind the scenes? Relentless upselling, higher prices, more procedures most families can’t afford.
One real example:
A PE-owned clinic quotes $20,000 for a dog’s spine surgery.
A family-owned vet does it for $9,000.
That’s an $11,000 markup for the same lifesaving care.
And it goes deeper:
Mars - yes, the candy company - owns ~2,000 veterinary practices.
JAB Holding Company owns vet clinics and pet insurance - collecting premiums and charging for care.
Pet care costs are up ~60% in a decade.
Some services have DOUBLED in just five years.
They know pets are family.
They know many owners will pay anything.
And they know millions won’t be able to - by design.
Pets aren’t dying because we don’t love them.
They’re dying because heartbreak became a profit center.
Ask your vet who owns the clinic.
If it’s private equity, walk and find a family-owned practice.
How many pets have to be priced out of living before people connect the dots?
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If tweet fails to load, click here. https://xcancel.com/HustleBitch_/status/2008936796223066442
Here’s what changed:
Just 10 years ago, corporations owned about 8% of vet clinics.
Today it’s near 50% - and ~75% of emergency pet care.
More than $61 BILLION has flooded into buying up “local” vets and rolling them into private-equity networks.
They keep the same logo. Same staff. Same friendly waiting room.
Behind the scenes? Relentless upselling, higher prices, more procedures most families can’t afford.
One real example:
A PE-owned clinic quotes $20,000 for a dog’s spine surgery.
A family-owned vet does it for $9,000.
That’s an $11,000 markup for the same lifesaving care.
And it goes deeper:
Mars - yes, the candy company - owns ~2,000 veterinary practices.
JAB Holding Company owns vet clinics and pet insurance - collecting premiums and charging for care.
Pet care costs are up ~60% in a decade.
Some services have DOUBLED in just five years.
They know pets are family.
They know many owners will pay anything.
And they know millions won’t be able to - by design.
Pets aren’t dying because we don’t love them.
They’re dying because heartbreak became a profit center.
Ask your vet who owns the clinic.
If it’s private equity, walk and find a family-owned practice.
How many pets have to be priced out of living before people connect the dots?
22
Posted on 1/8/26 at 1:11 pm to Ailsa
quote:It's killing everything that was ever worth anything in this country.
Private equity is killing our pets.
Posted on 1/8/26 at 1:13 pm to Ailsa
These increases are definitely going on. Seems like everything doubled (if not more) in the last few years. It's beyond crazy.
Posted on 1/8/26 at 1:20 pm to Ailsa
PE fricking sucks. They've ruined retirement homes & and are already abusing the medical claims arbitration system to the tune of 11 figures, less than 5 year into its existence.
Of course these soulless fricks are going after pets now. And don't forget the dentist's office too
Of course these soulless fricks are going after pets now. And don't forget the dentist's office too
This post was edited on 1/8/26 at 1:21 pm
Posted on 1/8/26 at 1:21 pm to Ailsa
With populists, expect populism.
Posted on 1/8/26 at 1:23 pm to Ailsa
If you are paying for spine surgery on a pet, you have fricked up priorities to begin with.
Posted on 1/8/26 at 1:25 pm to Ailsa
I've really grown to hate PE.
They're generally, evil, dumb douchbags.
They get access to capital through connections. Not actual brains.
They're generally, evil, dumb douchbags.
They get access to capital through connections. Not actual brains.
Posted on 1/8/26 at 1:26 pm to Privateer 2007
quote:
I've really grown to hate PE
Why do you hate capitalism bruh?
Posted on 1/8/26 at 1:28 pm to Ailsa
Fix education and this problem will wane.
Junior vets coming out of vet school with $200k of debt have little hope of purchasing the practice of their senior partner. The only exit for the retiring senior partner then is to sell to PE.
ETA: amazing all the negative downstream effects of the government’s college for everyone policies/ student loan underwriting schemes isn’t it?
Junior vets coming out of vet school with $200k of debt have little hope of purchasing the practice of their senior partner. The only exit for the retiring senior partner then is to sell to PE.
ETA: amazing all the negative downstream effects of the government’s college for everyone policies/ student loan underwriting schemes isn’t it?
This post was edited on 1/8/26 at 1:33 pm
Posted on 1/8/26 at 1:30 pm to Harry Caray
I’m personally amazed at how this isn’t a bigger issue in America. Private equity firms are an absolute cancer in the US and it seems a whopping majority of people are just asleep on this one.
An equity firm bought our family business a couple of years ago (from the business that purchased us in 2015). They’ve completely killed the company by not paying our vendors, not paying bills, taking all of the company profits for other business interests, etc. Roughly 75% of the staff has jumped ship to work for competitors. 40-year old business run into the ground in 2 years. Remarkable.
An equity firm bought our family business a couple of years ago (from the business that purchased us in 2015). They’ve completely killed the company by not paying our vendors, not paying bills, taking all of the company profits for other business interests, etc. Roughly 75% of the staff has jumped ship to work for competitors. 40-year old business run into the ground in 2 years. Remarkable.
This post was edited on 1/8/26 at 1:33 pm
Posted on 1/8/26 at 1:34 pm to Ailsa
This would explain alot. We have had pets on and off for the past 25 years and occasionally we'd run into issues but it was always relatively cheap. Then 2 years ago we take our cat and dog in for their checkups, vaccines, etc and it is $1000. Then a few months back one of our indoor cats got out and was attacked by a stray and had some infected scarring. It was over $2000 for medicine and stitches. Even the atmosphere of the vet clinic has changed.
Posted on 1/8/26 at 1:34 pm to TigersHuskers
quote:
Why do you hate capitalism bruh?
Hating something doesn't mean you don't think it should exist.
Posted on 1/8/26 at 1:36 pm to Ailsa
quote:
Here’s what changed:
Just 10 years ago, corporations owned about 8% of vet clinics.
Today it’s near 50% - and ~75% of emergency pet care.
More than $61 BILLION has flooded into buying up “local” vets and rolling them into private-equity networks.
Devils advocate here for the sake of conversation, if this is so bad, shouldn't every industry dominated by private equity be primed for competition by start ups?
If better service can be provided for less money, I feel that would be a huge opportunity for grassroot startups. Why isnt that happening?
Im genuinely curious.
This post was edited on 1/8/26 at 1:38 pm
Posted on 1/8/26 at 1:37 pm to Ailsa
I had to look for a new vet because mine retired - we’d gone to her since the 1980s. She sold to a corporation and the staff all left and it was awful. I was told by a different successful vet that no individual vet can afford to buy a practice, hence they are all becoming “corporate”.
Posted on 1/8/26 at 1:38 pm to TigersHuskers
quote:
Why do you hate capitalism bruh?
So we can love freedom of speech but aren't allowed to hate some psycho protestor making a spectacle outside of someone's funeral?
Posted on 1/8/26 at 1:39 pm to cafeaulait19
Isn't that like monopolization? " which is illegal under U.S. antitrust laws like the Sherman Act. It involves using anti-competitive practices, such as predatory pricing or exclusive deals, to achieve and hold a monopoly, ultimately harming consumers through higher prices and fewer choices, and suppressing innovation."
Posted on 1/8/26 at 1:40 pm to Ailsa
quote:Have you looked at overall inflation over the same time period? It's not like this happened in some exclusive vacuum.
Pet care costs are up ~60% in a decade.
Some services have DOUBLED in just five years.
Have you looked at the explosion in pet ownership during the pandemic? That's a MASSIVE pick up in demand.
Have you looked at the static number of doctors available? That's a MASSIVE supply problem.
Do you understand the very basics of supply and demand?
It's weird to watch a bunch of supposedly "free market conservatives" bitch about prices doing what prices do.
As it turns out, most of you just want cheap shite. Go figure.
Posted on 1/8/26 at 1:41 pm to Privateer 2007
quote:You sound emotional.
I've really grown to hate PE.
quote:dumb
They're generally, evil, dumb douchbags.
quote:
They get access to capital through connections. Not actual brains.
wut
Posted on 1/8/26 at 1:42 pm to cafeaulait19
Yeah, our vet is a big practice and you don't really have a vet, you just see whatever vet is on duty at the time. There are like 10-12 vets on staff. I don't like it, but it is the only vet around us. And the others I have seen further away either aren't much different or they look sketchy. I took a chance at one of those small vets for boarding my dog when our regular vet was full and they gave him the canine cough or whatever it is. I was not happy.
Posted on 1/8/26 at 1:42 pm to Ailsa
Been taking my pets to various vets for 30 years. The prices that some of those places charge these days is just shameful and basically legalized extortion.
I've seen a basic canine dental cleaning as low as $150 and as high as $900. The $900 clinic was not some uber high-brow place either.
I would implore any pet owner to shop around if their pet needs a medical procedure.
I've seen a basic canine dental cleaning as low as $150 and as high as $900. The $900 clinic was not some uber high-brow place either.
I would implore any pet owner to shop around if their pet needs a medical procedure.
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