Healthcare

Sell Your Veterinary Business in Canada

Veterinary practices are in unprecedented M&A consolidation. PE-backed corporate veterinary groups are acquiring practices at 7x–12x EBITDA. Even solo practices with $500K EBITDA receive multiple competing offers. The buyer universe has never been deeper.

Typical Revenue
$700K – $5M CAD
EBITDA Margin
15–25%
Typical Multiple
5.0x–8.0x EBITDA (solo); 7.0x–10.0x EBITDA (multi-vet)

Why Selling a Veterinary Business Is Different

Generic business brokers handle this wrong. These are the specific challenges in your sector.

Provincial veterinary licensing
Veterinarian retention (PE buyers require associates stay)
Equipment age (digital imaging, dental, surgical)
Real-estate / facility centrality
Owner-vet relationship with clients

What Sophisticated Veterinary Buyers Look For

Build these into your business 12–24 months before listing, and your multiple rises 1–3 turns.

Multiple veterinarians on staff (not solo)
Modern equipment (digital radiology, dental units)
Documented client retention
Strong specialty services (surgery, dentistry)
Owned facility or long-term lease

Who Buys Veterinary Businesses in Canada

We've mapped the active buyer universe for your sector.

1
PE-backed corporate veterinary groups (NVA, VCA, etc.)
2
Multi-clinic veterinarian-operators
3
Strategic acquirers (specialty/emergency)
4
Individual veterinarian buyers

Industry-Specific Challenges We Handle

The deal-breakers we've seen — and how we address each one.

Multi-Vet Requirement

Solo practices sell at 5x–6x; practices with 2+ vets at 7x–10x. The single biggest value driver is hiring an associate vet 12–18 months before listing.

Associate Retention

PE buyers require associates sign 3–5 year retention. Plan equity rollover and retention bonuses as part of negotiation.

Specialty Equipment Capex

Modern equipment (digital X-ray, dental units, IDEXX blood work) supports premium multiples. Outdated equipment depresses.

What We Play Up in Your Marketing

These are the value drivers that move veterinary buyers from interest to LOI.

Multiple veterinarians on staff
Modern digital equipment (radiology, dental)
Documented client retention
Specialty services (surgery, dentistry, exotics)
Owned facility with growth capacity
Strong online reputation and referrals

Frequently Asked Questions

Sector-specific questions veterinary owners ask.

Ready to Sell Your Veterinary Business?

Confidential, no-obligation conversation. Tell us about your business, your timeline, and your goals. We'll respond with a written engagement proposal within 24 hours.

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