Mosaic Capital Partners Executes ESOP Acquisition of Best Friends Pet Hotel

BPAS Acquires ESOP One

September 8, 2026

IT Services

BPAS, a national retirement plans and employee benefits provider, announced its acquisition of ESOP One, an employee ownership technology platform for Employee Stock Ownership Plans (ESOPs). The deal expands BPAS’s ESOP practice by adding participant education and engagement technology—such as a participant portal and employer repurchase obligation portal—while ESOP One will also remain available as a standalone service.

Best Friends Pet Care Acquires Paws Pet Resort

January 1, 2025

Veterinary

Best Friends Pet Care, a portfolio company of Mosaic Capital Partners, has acquired Paws Pet Resort, a regional pet resort and services company based in Sioux Falls, South Dakota. Peakstone served as exclusive M&A advisor to Paws Pet Resort; terms were not disclosed. The deal is an add-on to Best Friends Pet Care's platform to expand its pet care footprint and service offering.

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.

Mosaic Capital Partners Invests in Zero Waste Recycling ESOP

August 31, 2021

Environmental Services

Mosaic Capital Partners announced an investment in the newly formed Zero Waste Recycling ESOP, enabling employee ownership while providing capital to support growth. Financial partners on the transaction included Lafayette Square, Morgan Stanley Private Credit and Impact Engine; CEO Will Simmons will continue to lead the business from its two processing facilities in Charlotte, North Carolina and Lancaster, South Carolina.

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 Facilitates ESOP Acquisition of Boston Barricade

July 19, 2019

Building Products

Mosaic Capital Partners announced an ESOP-backed acquisition of Boston Barricade Holdings, Inc., enabling founders Bob and Cynthia Putnam to provide liquidity and transition ownership to employees while retaining Bob Putnam as CEO. Boston Barricade is a nationwide provider of modular barricade systems, retail graphics and installation services headquartered in Vero Beach, Florida; Boxwood Partners served as the company’s financial advisor.