EPISODE · May 29, 2026 · 12 MIN
How PE Firms Are Buying Up Pet Care
from Private Equity Conversations with Fexingo: PE Funds, Buyouts, and Long-Hold Investing · host Fexingo
Episode 18 of Private Equity Conversations explores private equity's growing appetite for pet care businesses. From veterinary consolidation to pet insurance and specialty food brands, Lucas and Luna examine why PE firms see pets as a recession-resistant asset class. They break down the economics, including how Mars Inc. transformed from candy to the largest pet care company, and why independent vets are being bought at 10-12x EBITDA. They also touch on the ethical tensions around consolidation in healthcare. A concrete look at a booming corner of the middle market. #PrivateEquity #PetCare #VeterinaryConsolidation #MarsInc #PetInsurance #Buyouts #PetIndustry #Finance #Investing #PEInvesting #MiddleMarket #Consolidation #PetFood #EBITDAMultiples #PetCareTrends #FexingoBusiness #BusinessPodcast #PrivateEquityConversations Keep every episode free: buymeacoffee.com/fexingo
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How PE Firms Are Buying Up Pet Care
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