| 2026 | Sonrava Health | Dentists | PE-backed, now lender-controlled | Its lenders took control | 1,272 | 9fin.com |
| 2026 | Dental Care Alliance (DCA) | Dentists | PE-backed, now lender-controlled | Its lenders took control | 968 | dentaleconomics.com |
| 2026 | Affordable Care (ACI) | Dentists | PE-backed, now lender-controlled | Its lenders took control | 749 | news.bgov.com |
| 2026 | Select Medical (outpatient rehabilitation) | Physical therapy | PE-backed | Welsh, Carson, Anderson & Stowe | 129 | sec.gov |
| 2026 | Shared Practices Group | Dentists | PE-backed | M-One Capital | 102 | mccarthycapital.com |
| 2026 | One GI | Gastroenterology (GI) | PE-backed, now lender-controlled | Its lenders took control | 56 | ionanalytics.com |
| 2026 | WellHaven Pet Health | Veterinarians | PE-backed | GoodVets | 40 | hklaw.com |
| 2026 | Modern Animal | Veterinarians | Not PE, corporate-owned | Chewy, Inc. (NYSE: CHWY) | 30 | sec.gov |
| 2026 | Chewy Vet Care (incl. Modern Animal) | Veterinarians | Not PE, corporate-owned | Chewy, Inc. | 28 | businesswire.com |
| 2026 | Simon Eye | Eye care | PE-backed | Brightstar Capital Partners | 25 | blogs.mcguirewoods.com |
| 2026 | Champions Group | HVAC, plumbing and electrical | PE-backed | Blackstone | 24 | lw.com |
| 2026 | Smile America Partners | Dentists | Not PE, corporate-owned | Kaltroco Ltd. | 23 | healthcare.levinassociates.com |
| 2026 | Gastroenterology Health Partners | Gastroenterology (GI) | PE-backed, now lender-controlled | Its lenders took control | 14 | onegi.com |
| 2026 | Paradigm Oral Health | Dentists | PE-backed | Warburg Pincus · Goldman Sachs Alternatives · Sixth Street | 8 | lw.com |
| 2026 | Panther Service Group | HVAC, plumbing and electrical | PE-backed | Pearl Street Capital Partners | 4 | midfloridanewspapers.com |
| 2026 | USA Hometown Experts | HVAC, plumbing and electrical | PE-backed | GHK Capital Partners | 1 | pulse2.com |
| 2026 | Berkeley & Orinda Orthodontics | Dentists | PE-backed | Latticework Capital Partners | 0 | groupdentistrynow.com |
| 2026 | Tractor Supply Company (VIP Petcare, Petsense) | Veterinarians | Not PE, corporate-owned | public shareholders (Nasdaq: TSCO) | 0 | myvetcandy.com |
| 2026 | VIP Petcare | Veterinarians | Not PE, corporate-owned | Tractor Supply Company (NASDAQ: TSCO) | 0 | sec.gov |
| 2026 | U.S. Dermatology Partners | Dermatology | PE-backed | | 0 | dermcaremgt.com |
| 2025 | ATI Physical Therapy | Physical therapy | PE-backed, now lender-controlled | Its lenders took control | 1,758 | atipt.com |
| 2025 | Eyemart Express | Eye care | Not PE, corporate-owned | VSP Vision | 546 | optometrytimes.com |
| 2025 | Retina Consultants of America (RCA) | Eye care | Not PE, corporate-owned | Cencora | 515 | sec.gov |
| 2025 | Western Veterinary Partners | Veterinarians | PE-backed | Tyree & D'Angelo Partners | 373 | kirkland.com |
| 2025 | GI Alliance | Gastroenterology (GI) | Not PE, corporate-owned | The Specialty Alliance (Cardinal Health) | 364 | sec.gov |
| 2025 | Texas Digestive Disease Consultants | Gastroenterology (GI) | Not PE, corporate-owned | GI Alliance | 147 | sec.gov |
| 2025 | PRISM Vision Group | Eye care | Not PE, corporate-owned | McKesson | 115 | streetinsider.com |
| 2025 | US Digestive Health | Gastroenterology (GI) | Not PE, corporate-owned | SCA Health (Optum / UnitedHealth Group) | 99 | inquirer.com |
| 2025 | California Skin Institute | Dermatology | PE-backed | Schweiger investors | 82 | physiciangrowthpartners.com |
| 2025 | Blue Cloud Pediatric Surgery Centers | Dentists | PE-backed | Great Hill Partners | 79 | healthcare.levinassociates.com |
| 2025 | Digestive Health Associates of Texas | Gastroenterology (GI) | Not PE, corporate-owned | GI Alliance | 79 | prnewswire.com |
| 2025 | Allied OMS | Dentists | PE-backed | 65 Equity Partners · Everberg Capital · Comvest Credit Partners | 55 | 65equitypartners.com |
| 2025 | Arizona Digestive Health | Gastroenterology (GI) | Not PE, corporate-owned | GI Alliance | 55 | biospace.com |
| 2025 | Arete Health | Physical therapy | PE-backed | MBF Healthcare Partners · Eric DeYoung | 49 | mbfhp.com |
| 2025 | GI Alliance: other Texas member practices | Gastroenterology (GI) | Not PE, corporate-owned | GI Alliance | 48 | gialliance.com |
| 2025 | Cherry Tree Dental | Dentists | Not PE, corporate-owned | Delta Dental of Wisconsin | 45 | wisconsinhealthnews.com |
| 2025 | Heritage Vet Partners | Veterinarians | PE-backed | | 42 | abfjournal.com |
| 2025 | Retina Consultants of Texas (RCTX) | Eye care | Not PE, corporate-owned | Retina Consultants of America (Cencora) | 39 | sec.gov |
| 2025 | Austin Gastroenterology | Gastroenterology (GI) | Not PE, corporate-owned | GI Alliance | 37 | beckersasc.com |
| 2025 | Park Dental Partners | Dentists | Not PE, corporate-owned | public shareholders (Nasdaq: PARK) | 33 | beckersdental.com |
| 2025 | Gastro Consultants of San Antonio | Gastroenterology (GI) | Not PE, corporate-owned | GI Alliance | 23 | gialliance.com |
| 2025 | Redwood Services | HVAC, plumbing and electrical | PE-backed | Altas Partners · Union Main Group | 21 | businesswire.com |
| 2025 | Small Door Veterinary | Veterinarians | PE-backed | Valspring Capital · Primary Venture Partners · Lerer Hippeau | 17 | businesswire.com |
| 2025 | Sanova Dermatology | Dermatology | PE-backed | SkyKnight Capital | 14 | businesswire.com |
| 2025 | Fix-It Group (Fix-It 24/7) | HVAC, plumbing and electrical | PE-backed | Two Parks Capital | 11 | privsource.com |
| 2025 | GI Associates & Endoscopy Center (Mississippi) | Gastroenterology (GI) | Not PE, corporate-owned | GI Alliance | 8 | jobs.practicelink.com |
| 2025 | Equine Care Group (US: Salado Equine Medical Center; Rood & Riddle) | Veterinarians | PE-backed | Gimv | 1 | gimv.com |
| 2025 | Air Pros USA (legacy Florida operations) | HVAC, plumbing and electrical | PE-backed | Exuma Capital Partners | 1 | hvacinsider.com |
| 2025 | Aligned Dental Partners | Dentists | PE-backed | Ashlar Capital | 0 | groupdentistrynow.com |
| 2025 | Eastern Dental Management | Dentists | PE-backed | Branford Castle Partners | 0 | branfordcastle.com |
| 2025 | Vision Integrated Partners | Eye care | PE-backed | The Firmament Group | 0 | key.com |
| 2025 | Dallas Plumbing & Air Conditioning | HVAC, plumbing and electrical | PE-backed | Tenex Capital Management | 0 | homepros.news |
| 2024 | Mission Pet Health | Veterinarians | PE-backed | Silver Lake · Shore Capital Partners | 753 | silverlake.com |
| 2024 | Shopko Optical | Eye care | Not PE, corporate-owned | Fielmann Group | 207 | shopko.com |
| 2024 | Riccobene Associates Family Dentistry | Dentists | PE-backed | Comvest Partners | 98 | businesswire.com |
| 2024 | Lakefield Veterinary Group | Veterinarians | PE-backed | Peloton Capital Management | 83 | pelotoncapitalmanagement.com |
| 2024 | Sila Services | HVAC, plumbing and electrical | PE-backed | Goldman Sachs Alternatives | 50 | morganstanley.com |
| 2024 | MedVet | Veterinarians | PE-backed | Leonard Green & Partners | 40 | globenewswire.com |
| 2024 | Heart + Paw | Veterinarians | PE-backed | Whistler Capital Partners | 32 | bassberry.com |
| 2024 | Sploot Veterinary Care | Veterinarians | PE-backed | L Catterton · Skydeck Capital | 25 | prnewswire.com |
| 2024 | United Skin Specialists | Dermatology | PE-backed | Schweiger investors | 24 | schweigerderm.com |
| 2024 | Key-Whitman Eye Center | Eye care | PE-backed | Bain Capital | 20 | beckersasc.com |
| 2024 | Guardian Dentistry Partners | Dentists | PE-backed, now lender-controlled | Its lenders took control | 9 | morganstanley.com |
| 2024 | Parkhurst NuVision | Eye care | PE-backed | Joint venture with NVISION Eye Centers; Dr. Gregory Parkhurst | 4 | businesswire.com |
| 2024 | Frontier Service Partners | HVAC, plumbing and electrical | PE-backed | Alpine Investors | 3 | newswire.ca |
| 2024 | Airtron Heating & Air Conditioning | HVAC, plumbing and electrical | PE-backed | Gamut Capital Management | 2 | contractingbusiness.com |
| 2024 | Kimbel Mechanical Systems | HVAC, plumbing and electrical | PE-backed | Good Springs Capital | 2 | prnewswire.com |
| 2024 | Archway Dental Partners | Dentists | PE-backed | Martis Capital · Din Ventures | 0 | dentistrytoday.com |
| 2024 | Animal Health Partners (AHP) | Veterinarians | PE-backed | Bestige Holdings · Resolute Capital Partners | 0 | mergr.com |
| 2024 | SkinCure Oncology | Dermatology | PE-backed | H.I.G. Capital | 0 | hig.com |
| 2024 | Arizona Centers for Digestive Health | Gastroenterology (GI) | Not PE, corporate-owned | Covenant Physician Partners (USPI / Tenet) | 0 | hl.com |
| 2024 | Covenant Physician Partners | Gastroenterology (GI) | Not PE, corporate-owned | USPI (Tenet Healthcare) | 0 | ionanalytics.com |
| 2024 | Pinnacle MEP (searched as Pinnacle Home Services) | HVAC, plumbing and electrical | PE-backed | Blue Point Capital Partners | 0 | businesswire.com |