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The answer is private equity "roll-up" strategies of "boring businesses". You're going to see this accelerate in tons of other things that PE thinks can be eas
by speakfreely 3y ago
The answer is private equity "roll-up" strategies of "boring businesses". You're going to see this accelerate in tons of other things that PE thinks can be easily consolidated, the gold rush has already started for dental practices, primary care providers, coin laundry, HVAC companies, landscaping, etc.
American small businesses are disappearing because that's what consumers want (what they vote for with their dollars, as opposed to what they say in polls).
- etc-hosts 3y agoVeterinary care choices are simultaneously shrinking and skyrocketing in price.
- supportengineer 3y agoOurs turned into a subscription service.
- cokeandpepsi 3y ago[dead]
- derbOac 3y agoI don't think it's necessarily what consumers want. Sometimes it's what business owners want (eg when they retire and sell), and consolidation gives the new owner the benefit of local monopoly or decreased competiton. Absolutely no one in my area likes trends in veterinary care, for example, but there are only so many options.
- TecoAndJix 3y agoWhat are some of the negative trends you are seeing in veterinary care?
- donedeals 3y agoPCP and dental practices are much harder to roll up. The doctors start a competitor, and bring their patients, the second the non-compete ends wiping the practice that was bought