Who's rolling up local business
The private-equity and PE-adjacent firms most active in consolidating local, consumer-facing businesses — grouped by the industries they target, with the consumer brands you'd actually recognize. These are the owners Free Range keeps out of the directory.
Diversified rollups
Firms consolidating across many consumer sectors at once.
KKR
Blackstone
Teamshares
Buys small Main-Street businesses from retiring owners (employee-ownership model).
Permanent Equity
Long-hold control acquirer of small family-owned businesses.
Dental (DSOs)
Dental Service Organizations buying up local practices.
KKR
Leonard Green & Partners
Charlesbank Capital Partners
Co-owns MB2 Dental with KKR and Warburg Pincus.
Warburg Pincus
Gryphon Investors
The Jordan Company
Cathay Capital
Comvest Partners
Silver Oak Services Partners
Quad-C Management
Zenyth Partners
Oak Hill Capital
Veterinary
Vet clinics consolidated into national chains.
JAB Holding Company
Repeated FTC enforcement over its veterinary rollup.
Mars, Incorporated
Privately held corporate consolidator (not PE) — but removes local independence.
Home services
HVAC, plumbing, electrical, cleaning, pest control.
Roark Capital
Franchise-specialist; the single biggest actor in local consumer rollups.
KKR
Blackstone
Leonard Green & Partners
Neighborly
KKR-owned home-services franchise platform.
Authority Brands
Apax Partners-backed home-services franchisor.
Apex Service Partners
Alpine Investors-backed HVAC/plumbing/electrical rollup (non-franchise).
Wrench Group
HVAC/plumbing rollup owned by Leonard Green & Partners (with TSG Consumer & Oak Hill).
Apax Partners
EQT
Owns Anticimex, a global pest-control consolidator.
Teamshares
Buys small Main-Street businesses from retiring owners (employee-ownership model).
Restaurants & food
Franchise systems and restaurant brands under one owner.
Roark Capital
Franchise-specialist; the single biggest actor in local consumer rollups.
JAB Holding Company
Repeated FTC enforcement over its veterinary rollup.
Automotive
Repair, collision, oil change, and tire shops.
Roark Capital
Franchise-specialist; the single biggest actor in local consumer rollups.
Fitness & gyms
Studio and gym franchises operated locally.
Roark Capital
Franchise-specialist; the single biggest actor in local consumer rollups.
Beauty & wellness
Salons, spas, and wellness studios.
Roark Capital
Franchise-specialist; the single biggest actor in local consumer rollups.
General Atlantic
Childcare & education
Daycare, preschools, and tutoring brands.
Roark Capital
Franchise-specialist; the single biggest actor in local consumer rollups.
Partners Group
Holds ~71% of KinderCare (NYSE: KLC); also owns major derm/eye-care platforms.
Sycamore Partners
Apax Partners
American Securities
Harvest Partners
Acquired The Learning Experience (an earlier source's Golden Gate attribution was wrong).
Optometry & eye care
Local eye-care practices rolled into platforms.
Goldman Sachs
Acquired Capital Vision Services (MyEyeDr) from Altas Partners and CDPQ.
Partners Group
Holds ~71% of KinderCare (NYSE: KLC); also owns major derm/eye-care platforms.
Other healthcare
Urgent care, dermatology, behavioral health and more.
Partners Group
Holds ~71% of KinderCare (NYSE: KLC); also owns major derm/eye-care platforms.
ABRY Partners
Dermatology MSO; ownership reportedly in flux (lenders involved).
Webster Equity Partners
Bain Capital
Co-owns Aveanna (home health/hospice) with J.H. Whitney; public (NASDAQ: AVAH).
Pet care
Grooming, boarding, and pet retail.
Leonard Green & Partners
Mars, Incorporated
Privately held corporate consolidator (not PE) — but removes local independence.
General Atlantic
Insurance brokerage
Local insurance agencies consolidated into brokerages.
Leonard Green & Partners
Hellman & Friedman
Acrisure
PE-backed insurance-brokerage rollup of local agencies (backers incl. Blackstone, BDT).
AssuredPartners
GTCR/Apax-backed insurance-brokerage rollup.
Accounting & CPA firms
Local CPA and advisory firms taken over by PE.
Blackstone
New Mountain Capital
Hellman & Friedman
TowerBrook Capital Partners
Funeral & death care
Funeral homes that keep their local names after acquisition.
Service Corporation International
Largest death-care consolidator; keeps acquired funeral homes' local names.
Retail
Specialty and neighborhood retail.
Leonard Green & Partners
Teamshares
Buys small Main-Street businesses from retiring owners (employee-ownership model).
Tracking 39 firms and growing. A firm reference is a strong signal of consolidation, not proof of any individual location's ownership — and ownership changes over time. Compiled from public sources; corrections welcome.