State report

State of Vet Care in New Mexico

As of September 2026, New Mexico has 211 veterinary practices tracked; 19.0% are corporately owned , led by Thrive Pet Healthcare with 8 in-state locations . 81.0% of practices remain independently owned , and 13.7% are actively hiring .

Key takeaways

  • 211 veterinary practices tracked in New Mexico, of which 19.0% are corporately owned.
  • 10.0% of practices in New Mexico are private-equity-backed.
  • Thrive Pet Healthcare (owned by TSG Consumer Partners) leads all consolidators operating in the state with 8 locations.
  • General practices make up 76.3% of the state's practice mix.

Consolidation by city

At a glance

211
Practices tracked
81.0%
Independent
19.0%
Corporately owned
10.0%
PE-backed

13.7% of practices in New Mexico are actively hiring.

Ownership breakdown in New Mexico

Ownership type Practices Share
Independent 171 81.0%
PE-backed 21 10.0%
Corporate group 17 8.1%
Public company 2 0.9%
National ownership-type breakdown, stacked by share Independent: 81.0% (171 practices) PE-backed: 10.0% (21 practices) Corporate group: 8.1% (17 practices) Public company: 0.9% (2 practices) 81%10%8% Independent (81.0%) PE-backed (10.0%) Corporate group (8.1%) Public company (0.9%)

Top consolidators operating in New Mexico

Ranked by in-state locations. See the full national leaderboard on ownership & consolidation statistics.

# Group Ultimate owner In-state locations Share of corporate practices
1 Thrive Pet Healthcare TSG Consumer Partners (Private Equity) 8 20.5%
2 NVA JAB Holding Company (Strategic) 7 17.9%
3 VCA Mars (Strategic) 7 17.9%
4 Western Veterinary Partners Tyree & D'Angelo Partners (Private Equity) 4 10.3%
5 AmeriVet AEA Investors / ADIA (Private Equity) 3 7.7%
6 Heartland Veterinary Partners Gryphon Investors (Private Equity) 3 7.7%
7 Banfield Mars (Strategic) 3 7.7%
8 PetVet Care Centers KKR (Private Equity) 1 2.6%
9 Vetco (Petco) Petco (Public) 1 2.6%
10 Blue River PetCare Partners Group (Private Equity) 1 2.6%

Practice-type mix

Type Practices Share
General 161 76.3%
Mobile 19 9.0%
Mixed 11 5.2%
Specialty Referral 11 5.2%
Emergency 4 1.9%
Urgent Care 4 1.9%
Telehealth 1 0.5%

Species mix

Segment Practices Share
Small Animal 149 70.6%
Mixed 48 22.7%
Equine 11 5.2%
Food Animal 2 0.9%
Other 1 0.5%

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Veterinary careers in New Mexico

621 open veterinary jobs

Who's hiring in New Mexico right now.

See jobs →

Veterinarian salary

What veterinarians earn in New Mexico.

See pay →

Vet tech salary

What veterinary technicians earn in New Mexico.

See pay →

Frequently asked questions

How many veterinary practices are in New Mexico?

As of September 2026, VetPulse tracks 211 veterinary practices in New Mexico.

What percentage of veterinary practices in New Mexico are corporately owned?

19.0% of veterinary practices in New Mexico are corporately owned — part of a consolidator, private-equity-backed group, or public company — while 81.0% remain independent.

Who is the largest veterinary consolidator in New Mexico?

Thrive Pet Healthcare (owned by TSG Consumer Partners) is the largest veterinary consolidator operating in New Mexico, with 8 in-state locations.

What share of veterinary practices in New Mexico are hiring?

13.7% of veterinary practices in New Mexico are actively hiring, based on live job-signal data.

Every figure above is queried live from our practice-level dataset — see the methodology for how ownership is triangulated from multiple independent sources. Compare New Mexico against every other state on the ownership & consolidation statistics page, or browse the rankings.