Sell Your Veterinary Practice in Tennessee
Who is buying veterinary practices in Tennessee
We haven't recorded a named veterinary acquisition in Tennessee yet. The platforms below are the largest groups consolidating veterinary practices in the US, with each one's headquarters and scale.
| Platform | Owner / backer | Type | Headquarters | Scale | |
|---|---|---|---|---|---|
| Mars Veterinary Health (VCA, Banfield, BluePearl) | Mars, Incorporated | Strategic / family-owned | McLean, VA | ~3,000 clinics globally across VCA, Banfield and BluePearl | Source ↗ |
| National Veterinary Associates (NVA) | JAB Holding Company | Private equity | Agoura Hills, CA | ~1,400-1,500 hospitals (including Ethos specialty/ER) | Source ↗ |
| Mission Pet Health | Shore Capital Partners + Silver Lake | Private equity | Birmingham, AL | ~840+ locations across 41 states | Source ↗ |
| VetCor | Harvest Partners + Cressey & Company | Private equity | Norwell, MA | ~899 hospitals | Source ↗ |
| Thrive Pet Healthcare | TSG Consumer Partners | Private equity | Austin, TX | ~360+ hospitals | Source ↗ |
| PetVet Care Centers | KKR | Private equity | Westport, CT | ~450+ centers | Source ↗ |
| Heartland Veterinary Partners | Gryphon Investors | Private equity | Chicago, IL | ~300+ practices | Source ↗ |
| AmeriVet Veterinary Partners | AEA Investors (with the Abu Dhabi Investment Authority) | Private equity | San Antonio, TX | 213 clinics across 37 states | Source ↗ |
| Innovetive Petcare | Metalmark Capital | Private equity | Austin, TX | ~83 hospitals across 16 states | Source ↗ |
| Rarebreed Veterinary Partners | Revelstoke Capital Partners | Private equity | Portland, ME | ~118 hospitals | Source ↗ |
| United Veterinary Care | Nordic Capital | Private equity | Palm Beach Gardens, FL | 108 locations across 23 states | Source ↗ |
| Destination Pet | LetterOne (L1 Health) | Private equity | Irving, TX | Hundreds of locations across 31 states | Source ↗ |
| Veterinary Practice Partners | Audax Private Equity | Private equity | King of Prussia, PA | 190+ practices across 35 states | Source ↗ |
| Veritas Veterinary Partners | Percheron Capital | Private equity | Tinton Falls, NJ | 14+ specialty & emergency hospitals | Source ↗ |
| Encore Vet Group | North Castle Partners | Private equity | Gansevoort, NY | ~55 hospitals | Source ↗ |
| Blue River PetCare | Partners Group | Private equity | Chicago, IL | ~190 hospitals across 39 states | Source ↗ |
Ownership verified June 29, 2026. See every platform's recent deals in the Veterinary roll-up tracker →
How many veterinary services businesses are in Tennessee
The Census Bureau counted 720 veterinary services businesses in Tennessee in 2023, ranking 15th of 50 states. 23% had fewer than five employees and 75% had fewer than 20. 13 had 50 or more.
| Employees | Establishments | Share |
|---|---|---|
| Fewer than 5 | 168 | 23% |
| 5 to 9 | 154 | 21% |
| 10 to 19 | 218 | 30% |
| 20 to 49 | 167 | 23% |
| 50 or more | 13 | 2% |
Source: U.S. Census Bureau, County Business Patterns 2023 ↗ (NAICS 541940). An establishment is a single physical location, so an owner with three locations counts three times.
What a veterinary practice in Tennessee is worth
Veterinary practices typically sell for 5x-9x EBITDA, or 3x-6x SDE for smaller owner-operated veterinary practices, with most deals in the $1M - $8M range. These are industry-wide benchmarks, reviewed July 2026, not an appraisal of your practice.
What buyers pay more for
- +Active client count
- +Emergency/specialty services
- +Multiple veterinarians
- +Modern diagnostic equipment
What buyers discount
- -Single vet dependency
- -Limited services
- -Rural location with thin market
- -Aging client base
A note on ownership rules: Some states restrict ownership of veterinary practices by non-veterinarians, which can shape how a sale to a corporate group is structured. Confirm what applies in your state with your own counsel.
How selling through DealSeam works
A confidential conversation
We learn about your practice and what you want from a sale. Nothing is listed publicly.
Introductions where there is a fit
Where a qualified buyer fits your practice, we introduce you, and only after you approve it.
You decide
You choose whether to go further, on your own timeline. Sellers pay nothing; the buyer pays our fee if a deal closes.
Selling a veterinary practice in Tennessee: common questions
How much is a veterinary practice in Tennessee worth?
Veterinary practices typically sell for 5x-9x EBITDA, or 3x-6x SDE for smaller owner-operated veterinary practices, with most deals in the $1M - $8M range. Buyers tend to pay more for active client count, emergency/specialty services, multiple veterinarians and modern diagnostic equipment, and less where they see single vet dependency, limited services, rural location with thin market and aging client base. These are industry benchmarks, not an appraisal of your practice.
Who is buying veterinary practices in Tennessee?
We haven't recorded a named veterinary acquisition in Tennessee yet. Nationally, the largest groups consolidating veterinary practices include Mars Veterinary Health (Mars, Incorporated), National Veterinary Associates (JAB Holding Company) and Mission Pet Health (Shore Capital Partners + Silver Lake); 15 of the 16 platforms we track are private-equity-backed.
How many veterinary services businesses are there in Tennessee?
The Census Bureau's County Business Patterns counted 720 veterinary services businesses in Tennessee in 2023, ranking 15th of 50 states. 23% had fewer than five employees, 75% had fewer than 20, and 13 had 50 or more.
Does it cost anything to sell through DealSeam?
No. Sellers pay nothing. When a deal closes, the buyer pays DealSeam's fee. There is no listing fee and no retainer.
Will my employees or customers find out I'm thinking about selling?
No. Nothing is listed publicly, and your details go to a buyer only after you approve that introduction.
Selling another kind of business in Tennessee?
Selling a veterinary practice in another state?
Thinking about selling your veterinary practice?
DealSeam works confidentially with owners to understand their options and, where there's a fit, introduces them to qualified buyers, at no cost to sellers.
Talk to us about your Tennessee practice
Tell us how to reach you and we'll start a confidential, no-obligation conversation.
Sources
Valuation multiples are DealSeam's industry benchmarks, reviewed July 2026. Establishment counts are from the U.S. Census Bureau, County Business Patterns 2023 (NAICS 541940). Platform ownership comes from each platform's own or press sources, verified June 29, 2026. Named acquisitions are the deals we have recorded from public announcements, each linked to its source; they are not every deal in the state. Ownership in this sector changes often. None of this is investment, legal or tax advice.