State report

State of Vet Care in New Mexico

As of October 2026, New Mexico has 213 veterinary practices tracked; 18.8% are corporately owned , led by Thrive Pet Healthcare with 8 in-state locations . 81.2% of practices remain independently owned , and 13.6% are actively hiring .

Key takeaways

  • 213 veterinary practices tracked in New Mexico, of which 18.8% are corporately owned.
  • 10.3% 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 75.6% of the state's practice mix.

Consolidation by city

At a glance

213
Practices tracked
81.2%
Independent
18.8%
Corporately owned
10.3%
PE-backed

13.6% of practices in New Mexico are actively hiring.

Ownership breakdown in New Mexico

Ownership type Practices Share
Independent 173 81.2%
PE-backed 22 10.3%
Corporate group 17 8.0%
Public company 1 0.5%
National ownership-type breakdown, stacked by share Independent: 81.2% (173 practices) PE-backed: 10.3% (22 practices) Corporate group: 8.0% (17 practices) Public company: 0.5% (1 practices) 81%10%8% Independent (81.2%) PE-backed (10.3%) Corporate group (8.0%) Public company (0.5%)

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 Banfield Mars (Strategic) 3 7.7%
6 AmeriVet AEA Investors / ADIA (Private Equity) 3 7.7%
7 Heartland Veterinary Partners Gryphon Investors (Private Equity) 3 7.7%
8 Blue River PetCare Partners Group (Private Equity) 1 2.6%
9 Ethos Veterinary Health JAB Holding Company 1 2.6%
10 VEG (Veterinary Emergency Group) D1 Capital & Fidelity (Private Equity) 1 2.6%

Practice-type mix

Type Practices Share
General 161 75.6%
Mobile 21 9.9%
Mixed 11 5.2%
Specialty Referral 11 5.2%
Emergency 5 2.3%
Urgent Care 4 1.9%

Species mix

Segment Practices Share
Small Animal 150 70.4%
Mixed 49 23.0%
Equine 11 5.2%
Food Animal 2 0.9%
Other 1 0.5%

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Veterinary careers in New Mexico

335 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 October 2026, VetPulse tracks 213 veterinary practices in New Mexico.

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

18.8% of veterinary practices in New Mexico are corporately owned — part of a consolidator, private-equity-backed group, or public company — while 81.2% 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?

13.6% 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.