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Latest / The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions

Pet Cremation Roll-Ups Are the New Quiet PE Play

Private equity has quietly consolidated vets, groomers, and even pet food makers. But the newest frontier is pet cremation — a fragmented, emotionally fraught, and surprisingly lucrative corner of the pet economy. In this episode, Lucas and Luna dig into why PE firms are snapping up independent pet crematories, what the economics look like (low competition, high recurring demand, sticky customer relationships), and the ethical questions that come with profiting from grief. They cover a typical deal structure, the role of pet insurance and the humanization of pets, and what it means for…

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