Veterinary Practice Support Services sector
Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Veterinary Practice Support Services
1.1 - About Veterinary Practice Support Services sector
Companies in this category provide outsourced operational and clinical support to veterinary providers, helping practices scale, streamline workflows, and improve care delivery. Offerings span diagnostic testing, telehealth consults, pharmacy fulfillment, supply chain, revenue cycle, staffing, and compliance. By centralizing non-core functions, Veterinary Practice Support Services vendors let animal hospitals focus on medicine while gaining predictable costs, standardized processes, and measurable patient outcomes.
Providers typically run reference lab networks for hematology and pathology, deliver telemedicine triage and specialist consults, operate centralized pharmacy and compounding, manage inventory sourcing and distribution, handle revenue cycle management and billing, provide recruiting and training services, oversee regulatory compliance and quality programs, and support client communications through scheduling, reminders, and contact centers integrated with practice management systems.
Primary customers include multi-site veterinary groups, independent animal hospitals, and specialty practices. Outcomes typically include faster diagnostic turnaround, higher appointment throughput, improved revenue capture, and lower operating costs. Buyers also gain standardized protocols, reduced compliance risk, and better client engagement through coordinated communications. These services help consolidators integrate acquisitions, while enabling single-site clinics to access enterprise-grade capabilities without building them in-house.
2. Buyers in the Veterinary Practice Support Services sector
2.1 Top strategic acquirers of Veterinary Practice Support Services companies
IDEXX
- Description: Provider of veterinary, water, livestock and human health diagnostics, laboratory services, and practice management software, delivering pet-side tests, bench-top analyzers, 24/7 reference labs, microbiology water tests, and informatics solutions to customers in more than 175 countries.
- Key Products:
- ezyVet: Cloud-based practice management platform with configurable features and robust integrations that streamline daily workflows across scheduling, records and billing while scaling with growing veterinary practices
- Neo: Simple cloud PIMS featuring an intuitive interface that is quick to implement and can complete common workflows up to 5x faster, easing daily tasks for clinic staff
- Cornerstone: Comprehensive server-based practice management software offering customizable features and diverse integrations to manage records, invoicing and diagnostics and support exceptional patient care
- VetConnect PLUS: Diagnostic platform that integrates with IDEXX PIMS to consolidate current and historical in-house and reference lab results, delivering clinical insights from a single, seamless workspace.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
2.2 - Strategic buyer groups for Veterinary Practice Support Services sector
M&A buyer group 1: Veterinary HealthTech
Ceva Santé Animale
- Type: N/A
- Employees: ●●●●●
- Description: Provider of animal health solutions, offering preventive vaccines, animal welfare and pharmaceutical products for farm and companion animals, alongside equipment and related services, all developed by veterinary-led teams to advance global One Health.
- Key Products:
- Animal Health Products & Equipment: Comprehensive veterinary pharmaceuticals and specialized devices designed to treat, prevent and manage diseases across farm, companion and wildlife species, improving overall animal welfare
- Proactive Training Programs: Interactive training initiatives that teach veterinarians and farmers optimal product application, disease prevention strategies and animal care best practices, enhancing treatment outcomes and productivity worldwide
- Technical Support & Data Analyses: Expert advisory services and analytical tools that monitor treatment performance, interpret health data and optimize herd management decisions for improved operational efficiency and animal health
- Specialized Services: Customized health solution design, manufacturing and supply services delivering innovative therapies globally, aligning with One Health principles to ensure effective disease control across animal populations
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●● companies3. Investors and private equity firms in Veterinary Practice Support Services sector
3.1 - Buyout funds in the Veterinary Practice Support Services sector
2.2 - Strategic buyer groups for Veterinary Practice Support Services sector
4 - Top valuation comps for Veterinary Practice Support Services companies
4.2 - Public trading comparable groups for Veterinary Practice Support Services sector
Valuation benchmark group 1: Testing Certification and Digital Services Companies
HCL Technologies
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of digital business, process operations, cloud, engineering, and digital foundation solutions through computer programming, consultancy, and related activities, supporting enterprise digitization and transformation across various industries.
- Key Products:
- Enterprise Digitization: Comprehensive solutions for automating and transforming business operations
- Cloud Services: Solutions for modernizing enterprise data and analytics environments, including cloud migration and cybersecurity
- Engineering Solutions: End-to-end product and digital engineering solutions across various industries
- Data and AI: Services combining data management and analytics to drive enterprise innovation
- Software Products: A portfolio of software solutions addressing industry-specific needs and challenges.