If the market is healthy, there will already be two or three providers in town instead of one that has any sort of monopoly, and the LBO won't be lucrative to begin with.
Unless the PE firm comes in and buys up all of the vet practices in town (or enough of them), which is a tactic they like to employ.
They buy all of them.
Unless the PE firm comes in and buys up all of the vet practices in town (or enough of them), which is a tactic they like to employ.