Ownership transparency guide
Who owns my vet?
Many UK practices trade under familiar local names while being part of wider groups. This guide explains the CMA's ownership findings in practical terms, and what pet owners can check when comparing practices.
CMA ownership snapshot
- Over 60% Large veterinary groups now own over 60% of UK practices
- Around 10% Large-group ownership in 2013
- 47% Confirmed large-group customers who knew their practice was group-owned
The six large veterinary groups named by the CMA are CVS, IVC Evidensia, Linnaeus, Medivet, Pets at Home, and VetPartners.
Why ownership can be hard to spot
- Local practice names
- Historic brands
- Acquisitions
- Franchise arrangements
- Inconsistent group branding
Major veterinary groups named by the CMA
These are the six large veterinary groups named by the CMA. The cards below are a high-level ownership snapshot, not a full corporate profile. Ownership structures, revenues and practice counts can change. Vetfinder practice counts are snapshots from our current dataset.
Vetfinder counts are based on our current canonical practice dataset and may lag acquisitions, closures, rebrands or corrections.
CVS Group
- Ownership / structure
- CVS Group plc.
- Vetfinder snapshot
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402 physical practices in our current dataset, mapped in Vetfinder to this group.
Same ownership labels as search filters. Not a UK-wide total—only practices we match to this group.
- Scale context
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FY2025 revenue from continuing operations: £673m.
FY2025 investor materials also refer to 425 UK practice sites.
Figures reflect CVS's reporting scope; they are not a ranking against other groups.
- Useful context
- CVS is a publicly listed veterinary group.
- What to ask
- Ask whether prices, prescription fees and complaints processes are handled locally or through group policy.
IVC Evidensia
- Ownership / structure
- Privately held. Shareholders include EQT, Silver Lake, Nestlé and Berkshire Partners.
- Vetfinder snapshot
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1002 physical practices in our current dataset, mapped in Vetfinder to this group.
Same ownership labels as search filters. Not a UK-wide total—only practices we match to this group.
- Scale context
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EQT describes IVC Evidensia as having more than 2,500 clinics and hospitals across 20 countries (global footprint, not UK-only).
- Useful context
- This is the group where Nestlé appears in the ownership structure, but Nestlé is one shareholder rather than the sole owner.
- What to ask
- Ask how local prices, referral routes and prescription policies are decided.
Linnaeus
- Ownership / structure
- Part of Mars Veterinary Health.
- Vetfinder snapshot
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217 physical practices in our current dataset, mapped in Vetfinder to this group.
Same ownership labels as search filters. Not a UK-wide total—only practices we match to this group.
- Scale context
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Wider Mars Veterinary Health network: around 2,500 veterinary clinics and hospitals in over 20 countries (network-wide, not a Linnaeus-only count).
- Useful context
- Linnaeus sits within Mars Veterinary Health's wider veterinary business.
- What to ask
- Ask whether referrals, diagnostics or specialist services are provided within the wider group.
Medivet
- Ownership / structure
- Majority-owned by CVC Capital Partners.
- Vetfinder snapshot
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369 physical practices in our current dataset, mapped in Vetfinder to this group.
Same ownership labels as search filters. Not a UK-wide total—only practices we match to this group.
- Scale context
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FY2024 accounts: 468 veterinary practices and £409m revenue.
- Useful context
- Medivet is a private-equity-backed veterinary group.
- What to ask
- Ask how pricing, referrals and medicine policies are decided locally versus by the wider group.
Pets at Home / Vets4Pets
- Ownership / structure
- Vets4Pets is part of Pets at Home Group plc's veterinary business.
- Vetfinder snapshot
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443 physical practices in our current dataset, mapped in Vetfinder to this group.
Same ownership labels as search filters. Not a UK-wide total—only practices we match to this group.
- Scale context
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Pets at Home FY25 group statutory revenue: £1,482m (group-wide, not Vets4Pets-only revenue).
Secondary reporting: 440 vet practices and veterinary practice revenue up 13%.*
- Useful context
- Vets4Pets practices may operate through different models, including joint venture or company-managed arrangements.
- What to ask
- Ask whether the practice is joint venture, company-managed, or otherwise part of the wider Pets at Home / Vets4Pets model.
VetPartners
- Ownership / structure
- Acquired by BC Funds / BC Partners in November 2018.
- Vetfinder snapshot
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466 physical practices in our current dataset, mapped in Vetfinder to this group.
Same ownership labels as search filters. Not a UK-wide total—only practices we match to this group.
- Scale context
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Secondary reporting from filed accounts: FY2025 revenue of £870m.*
BC Partners describes VetPartners as a leading operator of small animal, mixed and equine veterinary practices in the UK.
BC Partners also refers to more than 350 clinics on its portfolio page.
- Useful context
- VetPartners operates small animal, mixed and equine veterinary practices.
- What to ask
- Ask how ownership structure affects pricing, prescriptions and complaints pathways.
Short labels on cards use the same links as the full titles listed under Sources below.
*Some revenue or practice-count figures come from secondary reporting of company accounts or investor materials. They are included as context, not as directly comparable rankings. Vetfinder practice counts are separate snapshots from our own current dataset.
Does ownership mean a vet is good or bad?
No. Ownership does not automatically decide quality, and excellent vets can work in any ownership model. Ownership can affect pricing, branding, medicine supply, referral routes and consumer choice, which is why transparency matters.
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Quality and ownership
No. Ownership does not automatically decide quality, and excellent vets can work in any ownership model.
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What ownership can affect
Ownership can affect pricing, branding, medicine supply, referral routes and consumer choice.
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Transparency
Transparency helps when you compare prices, services and who stands behind a practice.
How Vetfinder classifies ownership
Vetfinder uses source-backed ownership labels from available data. Ownership can change, and group structures can be complex. If something looks wrong, use the correction route so details can be reviewed.
Frequently asked questions
Who owns most vet practices in the UK?
CMA materials report that large veterinary groups now own over 60% of UK veterinary practices, compared with around 10% in 2013.
Which large veterinary groups did the CMA name?
The six large veterinary groups named by the CMA are CVS, IVC Evidensia, Linnaeus, Medivet, Pets at Home, and VetPartners.
Does corporate ownership mean a vet is more expensive?
Not automatically. Ownership can affect pricing structure and transparency, but this guide does not claim that every corporate-owned practice is more expensive.
Are independent vets always better?
No. Ownership does not automatically determine clinical quality or suitability, and excellent vets can work in any ownership model.
Why might my local vet still look independent?
Practices can keep local names after ownership changes, and branding can vary across websites, signage, and directories.
How can I report incorrect ownership information?
Use the report incorrect information route so the ownership label can be reviewed and corrected where appropriate.
Sources
- CMA final decision report Part A PDF
- CMA summary of final report PDF
- CMA remedies Part B PDF
- GOV.UK — veterinary services final decision report landing page
- CVS Group — results and reports (investor centre)
- IVC Evidensia — frequently asked questions
- EQT — IVC Evidensia (current portfolio)
- Linnaeus — Mars Veterinary Health
- Mars Veterinary Health
- Hecate Holdco Limited — FY2024 signed accounts (Medivet group)
- CVC — CVC Capital Partners VIII to invest in Medivet
- Pets at Home Group — FY25 preliminary results (PDF)
- Vet Times — Pets at Home veterinary revenue reporting
- BC Partners — VetPartners (portfolio)
- VetPartners Group Limited — filing history (Companies House)
- Vetpartners Group Limited — company profile (Pomanda, secondary)