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Re:America's new millionaire class: Plumbers and HVAC entrep... by hyeonwho4 on Sunday October 13, 2024 @07:19PM (#41832612)
The model of PE in dentistry / veterinary clinics is to buy out all the private clinics in a region, then gradually raise prices. Small businesses would pop up, but the training horizon for new dentists / vets is quite long.

It isn't really about economies of scale so much as using local monopolies to set prices. They have a good moat because regulatory bodies have not regulated monopolies for 30 years, and professional organizations limit entry to each field.

Re:America's new millionaire class: Plumbers and HVAC entrep... by rqtwteye on Sunday October 13, 2024 @07:57PM (#41832826)
"then gradually raise prices"

It's not exactly gradually. I would call it "aggressively". At least for vets.

Re:America's new millionaire class: Plumbers and HVAC entrep... by ethbr1 on Sunday October 13, 2024 @09:27PM (#41833328)
Curious discovery on my part that VCA Animal Hospitals is now owned by Mars Inc (as in, chocolate bars), technically not PE as it's a private family-owned company.
Re:America's new millionaire class: Plumbers and HVAC entrep... by bald on Monday October 14, 2024 @01:05AM (#41834363)
Mars is one of the biggest manufacturers of pet food in the world