Best Friends Pet Care Acquires Paws Pet Resort

Turning Rock Partners Invests in Best Friends Pet Care

December 19, 2023

Veterinary

Turning Rock Partners, a New York-based private investment firm, provided a growth investment in Best Friends Pet Care, an employee-owned premium pet services operator headquartered in Norwalk, Connecticut. The capital will support Best Friends' national footprint expansion and an aggressive acquisitive growth strategy; existing shareholders also participated in the financing.

Destination Pet Acquires Pet Palace Pet Boarding Resort

June 21, 2023

Veterinary

Destination Pet has acquired Pet Palace Pet Boarding Resort, a luxury pet care operator with 11 locations across Ohio, Indiana, North Carolina and Pennsylvania and more than 500 employees. The acquisition expands Destination Pet’s national pet resort and clinic network, adds a luxury resort brand, and enables wider rollout of Destination Pet’s connected care model and Yourgi app; Pet Palace founder Brian Hudock will remain as a strategic advisor.

Rarebreed Veterinary Partners Acquires Vet's Best Friend Group

June 30, 2022

Veterinary

Rarebreed Veterinary Partners, a Portland, Maine–based operator of veterinary practices (majority backed by Revelstoke Capital Partners), has acquired Massachusetts-based Vet's Best Friend, adding 47 locations to Rarebreed's existing 71 practices. The transaction creates one of the largest, well-capitalized veterinary practice platforms in the U.S. and is positioned to accelerate expansion of general practice, urgent care, and specialty emergency hospitals.

Outward Hound Acquires Best Friends by Sheri

April 6, 2021

Consumer Products

Outward Hound, a Prospect Hill Growth Partners portfolio company, has acquired Best Friends by Sheri to expand its product portfolio into the growing pet bed category. The acquisition adds the well-known Original Calming Donut Pet Bed and other bestselling pet-bed SKUs to Outward Hound’s brand family and broadens its consumer product offering.

Mosaic Capital Partners Executes ESOP Acquisition of Best Friends Pet Hotel

January 15, 2019

Restaurants & Hospitality

Mosaic Capital Partners announced an ESOP acquisition of Best Friends Pet Hotel, a national pet hotel operator with 30 U.S. locations and ~90,000 active clients, enabling employees to become owners. Industry veteran Reed Howlett joined as an investor and board member; ICG Capital Securities served as Best Friends' financial advisor.

R2P Pet Acquires Ultra Paws

July 13, 2018

Consumer Products

R2P Pet, a pet products manufacturer, has acquired Ultra Paws, a Minnesota-based maker of dog boots, apparel and outdoor accessories. The acquisition will provide Ultra Paws with greater resources to expand product lines, innovate into new categories and broaden domestic and international distribution channels.