causal

Vet practices ripe for PE because successors can't afford them

Veterinary practices are especially susceptible to private equity takeover because founding vets near retirement want to sell a valuable business, but the next generation of vets (early 30s to late 40s) cannot afford to buy it due to rising living costs and heavy veterinary-school debt, leaving a private equity investor as the best eligible buyer.

causalpending

Speaker

Stephen Dubner

Evidence Quote

the next buyer in that case--the best eligible buyer--is going to be, let's say, a private equity investor who comes in and says, 'I like what you do... and now we're going to modernize things.'

Source

Twenty Years of Freakonomics (with Stephen Dubner)EconTalk
Created: 6/13/2026, 12:23:34 AM

My Notes

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