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 22.9% of its 214 practices PE-backed. New Hampshire (20.2%) and Arizona (19.8%) follow.
Full ranking
| # | State | Practices | Independent | Corporate | PE-backed | Hiring | Top ownership group |
|---|---|---|---|---|---|---|---|
| 1 | Maine | 214 | 73.8% | 26.2% | 22.9% | 10.3% | Rarebreed Veterinary Partners |
| 2 | New Hampshire | 218 | 73.4% | 26.6% | 20.2% | 13.3% | AmeriVet |
| 3 | Arizona | 753 | 70.0% | 30.0% | 19.8% | 12.5% | NVA |
| 4 | Rhode Island | 102 | 70.6% | 29.4% | 19.6% | 11.8% | Vetco (Petco) |
| 5 | New York | 1,515 | 72.7% | 27.3% | 19.2% | 11.0% | NVA |
| 6 | Massachusetts | 661 | 68.2% | 31.8% | 18.9% | 13.9% | VCA |
| 7 | Washington | 882 | 72.2% | 27.8% | 17.9% | 13.0% | NVA |
| 8 | Illinois | 1,182 | 74.8% | 25.2% | 17.3% | 12.0% | NVA |
| 9 | Connecticut | 387 | 73.1% | 26.9% | 17.1% | 11.9% | VCA |
| 10 | Colorado | 916 | 74.6% | 25.4% | 16.7% | 11.8% | NVA |
| 11 | Alaska | 86 | 73.3% | 26.7% | 16.3% | 9.3% | NVA |
| 12 | Texas | 2,825 | 75.1% | 24.9% | 16.2% | 11.7% | Banfield |
| 13 | New Jersey | 745 | 73.2% | 26.8% | 15.8% | 14.0% | Banfield |
| 14 | Maryland | 598 | 74.4% | 25.6% | 15.6% | 12.0% | Banfield |
| 15 | North Carolina | 1,244 | 75.6% | 24.4% | 15.6% | 11.1% | 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.