EPISODE · Jun 22, 2026 · 9 MIN
Why Private Equity Is Buying Up Hearing Aid Clinics
from The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions · host Fexingo
In this episode of The Buyout Show, Lucas and Luna examine the quiet roll-up of the hearing aid industry by private equity. With an aging population and margin-rich business models, firms like Sonova and Demant have seen their clinic networks snapped up. The hosts break down why audiology practices are a PE dream: sticky patient relationships, high margin recurring revenue from batteries and fittings, and a fragmented market ripe for consolidation. They look at the economics of a typical practice, the regulatory changes from the 2017 OTC Hearing Aid Act that shifted the landscape, and whether this consolidation will ultimately help or hurt patients. A case study in how demographics and dealmaking intersect. #PrivateEquity #HearingAid #Audiology #RollUp #HealthcareM&A #Demographics #Sonova #Demant #OtcHearingAid #FragmentedMarket #Consolidation #Business #Finance #Investing #Healthcare #FexingoBusiness #BusinessPodcast #BuyoutShow Keep every episode free: buymeacoffee.com/fexingo
What this episode covers
In this episode of The Buyout Show, Lucas and Luna examine the quiet roll-up of the hearing aid industry by private equity. With an aging population and margin-rich business models, firms like Sonova and Demant have seen their clinic networks snapped up. The hosts break down why audiology practices are a PE dream: sticky patient relationships, high margin recurring revenue from batteries and fittings, and a fragmented market ripe for consolidation. They look at the economics of a typical practice, the regulatory changes from the 2017 OTC Hearing Aid Act that shifted the landscape, and whether this consolidation will ultimately help or hurt patients. A case study in how demographics and dealmaking intersect. #PrivateEquity #HearingAid #Audiology #RollUp #HealthcareM&A #Demographics #Sonova #Demant #OtcHearingAid #FragmentedMarket #Consolidation #Business #Finance #Investing #Healthcare #FexingoBusiness #BusinessPodcast #BuyoutShow Keep every episode free: buymeacoffee.com/fexingo
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Why Private Equity Is Buying Up Hearing Aid Clinics
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