Veterinary Practices

Over the last few years, Ireland has witnessed a significant consolidation in the sector and PKF Brenson Lawlor have been a trusted advisor for many of these transactions.

In recent years, veterinary practices in Ireland have witnessed increased mergers and acquisitions (M&A) activity. This trend mirrors developments in the UK and other European markets, where corporate consolidators and private equity-backed groups are actively acquiring independent veterinary clinics.

Several factors are driving this activity:

Specialised Industry Knowledge

Ireland’s veterinary sector has historically been dominated by small, independently owned practices, making it an attractive target for consolidation.

Rising Pet Ownership

Several factors are drivinIncreased demand for pet healthcare services has boosted the commercial appeal of veterinary practices.g this activity:

Succession Challenges

Many practice owners are nearing retirement age, and with a shortage of younger vets willing to take over, selling to a corporate group becomes an appealing exit strategy.

Operational Efficiencies

Consolidators can offer centralised support services (e.g. HR, IT, procurement), improving margins and scalability.