{"podcast":{"title":"The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions","slug":"the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630","podcast_index_feed_id":7871630,"rss_url":"https://feeds.fexingo.com/business/the-buyout-show.xml","website_url":"https://www.fexingo.com/","image_url":"https://audio.fexingo.com/business/the-buyout-show/cover.png","author":"Fexingo","episode_count":122,"summary":"Lucas and Luna examine private equity through the lens of actual deals — roll-ups in HVAC, veterinary clinics, and funeral services; buy-and-build strategies; and the mechanics of leveraged buyouts. Each episode dissects a specific transaction, from sourcing to exit, using real numbers, term sheets, and public filings. The show serves founders weighing an offer, analysts building models, and investors tracking the industry. Expect critical discussions on valuation multiples, earnouts, debt covenants, and the cultural friction between PE operators and portfolio-company management. Lucas, a journalist with a decade covering dealmaking, guides the numbers; Luna, an engaged interlocutor, presses on execution risk and founder psychology. Together they ask: What separates a value-destroying roll-up from a platform that compounds for a decade? No hype, no jargon — just the tradecraft of buying and scaling businesses. #PrivateEquity #LBO #RollUp #BuyAndBuild #PE #DueDiligence #Valuation #MergersAndAcquisitions #FamilyBusinessExit #SearchFund #EBITDA #DealSourcing #SMB #BusinessAcquisition #FexingoBusiness #BusinessPodcast #Finance #Podcast Keep every episode free: buymeacoffee.com/fexingo","last_synced_at":"2026-07-19T04:18:12.773861+00:00","page_url":"https://stenobird.com/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630"},"episode":{"title":"How Private Equity Is Buying Up Veterinary Specialty Hospitals","slug":"how-private-equity-is-buying-up-veterinary-specialty-hospitals","published_at":"2026-06-10T16:48:04+00:00","page_url":"https://stenobird.com/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630/how-private-equity-is-buying-up-veterinary-specialty-hospitals","show_page_url":"https://stenobird.com/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630","url":"https://audio.fexingo.com/business/the-buyout-show/episode-0043.mp3","audio_url":"https://audio.fexingo.com/business/the-buyout-show/episode-0043.mp3","summary":"Lucas and Luna examine the quiet wave of private equity consolidation in veterinary specialty and emergency care. While general practice pet care has seen roll-ups for years, the target has shifted to high-revenue referral hospitals offering oncology, neurology, and surgery. Lucas breaks down the economics: a single specialty hospital can generate three to eight million dollars in annual EBITDA, and private equity firms are paying eight to twelve times that figure. He explains why these practices are attractive — sticky referral networks, high barriers to entry, and pricing power that general practices lack. Luna questions whether consolidation is driving up pet owner costs, and Lucas shares data showing that emergency visit bills at PE-backed hospitals are running twenty to forty percent higher than independent counterparts. They discuss the role of veterinary shortages, the rise of corporate-owned networks like BluePearl and Ethos Veterinary Health, and the tension between clinical autonomy and financial engineering. The episode ends with a question: will this wave end with a few dominant players, or will it face regulatory pushback? #PrivateEquity #VeterinaryCare #SpecialtyHospitals #PetCare #RollUps #BluePearl #EthosVeterinaryHealth #EBITDA #Consolidation #BusinessAcquisitions #EmergencyVet #PetOwners #VetShortage #ClinicalAutonomy #MarsPetcare #DealRoom #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo","meta_description":"Lucas and Luna examine the quiet wave of private equity consolidation in veterinary specialty and emergency care. While general practice pet care has seen…","key_points":[],"chapters":[],"topics":[],"duration_seconds":810,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630/episodes/how-private-equity-is-buying-up-veterinary-specialty-hospitals/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630/how-private-equity-is-buying-up-veterinary-specialty-hospitals.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}