Most PE-Backed States
US states ranked by the share of veterinary practices backed by private equity.
Among states with at least 50 tracked practices, Maine has the highest private-equity presence, with 23.4% of its 214 practices PE-backed. New Hampshire (22.0%) and Rhode Island (21.6%) follow.
Full ranking
| # | State | Practices | Independent | Corporate | PE-backed | Hiring | Top ownership group |
|---|---|---|---|---|---|---|---|
| 1 | Maine | 214 | 72.9% | 27.1% | 23.4% | 10.3% | Rarebreed Veterinary Partners |
| 2 | New Hampshire | 218 | 67.4% | 32.6% | 22.0% | 13.3% | VetCor |
| 3 | Rhode Island | 102 | 65.7% | 34.3% | 21.6% | 11.8% | Vetco (Petco) |
| 4 | Massachusetts | 661 | 63.1% | 36.9% | 21.2% | 13.9% | VCA |
| 5 | North Carolina | 1,244 | 69.3% | 30.7% | 19.6% | 11.1% | Banfield |
| 6 | Connecticut | 387 | 69.3% | 30.7% | 19.4% | 11.9% | VCA |
| 7 | Texas | 2,825 | 70.2% | 29.8% | 18.5% | 11.7% | Banfield |
| 8 | Arizona | 753 | 64.3% | 35.7% | 18.2% | 12.5% | NVA |
| 9 | New York | 1,515 | 70.4% | 29.6% | 18.1% | 11.0% | NVA |
| 10 | Georgia | 1,129 | 72.9% | 27.1% | 18.0% | 11.4% | Banfield |
| 11 | Illinois | 1,182 | 69.5% | 30.5% | 17.7% | 12.0% | NVA |
| 12 | Colorado | 916 | 69.7% | 30.3% | 17.4% | 11.8% | NVA |
| 13 | Virginia | 1,023 | 68.9% | 31.1% | 17.0% | 13.2% | Banfield |
| 14 | South Carolina | 606 | 75.9% | 24.1% | 16.7% | 11.6% | Mission Pet Health |
| 15 | Maryland | 598 | 67.9% | 32.1% | 16.7% | 12.0% | Banfield |
Every figure on this page is queried live from our practice-level dataset. See the methodology for how ownership is triangulated from multiple independent sources. See all rankings on the rankings hub.