Trivest and Queens Court Form Pet Resort Hospitality Group; PRHG Acquires Play All Day

Pet Resort Hospitality Group (PRHG) Acquires Five Regional Pet Resort Brands

January 31, 2024

Veterinary

Pet Resort Hospitality Group (a platform formed by Queens Court Capital and Trivest Partners) has acquired five pet resort brands — Meadowlake Pet Resort and Training Center, Olde Towne Pet Resorts, Playtime Pet Resort, Paws ‘n’ Rec, and Williamsburg Pet Hotel & Suites — expanding the platform to 17 locations. The transactions bring experienced founder- and family-owned operators into the PRHG portfolio as part of a buy-and-build strategy to scale daycare, boarding, grooming, and training services across the U.S.

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.

Hyatt Hotels Corporation Acquires Playa Hotels & Resorts N.V.

June 17, 2025

Restaurants & Hospitality

Hyatt Hotels Corporation completed the acquisition of Playa Hotels & Resorts N.V., adding 15 all-inclusive resorts across Mexico, the Dominican Republic and Jamaica to its Inclusive Collection. The deal expands Hyatt's all-inclusive footprint and capabilities, incorporating properties already operating under Hyatt Ziva and Hyatt Zilara brands; Hyatt said it will provide additional financial details on its Q2 2025 earnings call.

K9 Resorts and Luxury Pet Hotel Investments Form 50-50 Joint Venture for Corporate Locations

July 9, 2025

Veterinary

K9 Resorts Luxury Pet Hotel and its largest franchisee group, Luxury Pet Hotel Investments, LLC (LPHI), have formed a 50-50 joint venture covering K9 Resorts' corporate-owned locations outside the Fanwood, New Jersey flagship. LPHI will assume day-to-day management of four resorts (Cherry Hill, NJ; Fairfield, NJ; Hamilton, NJ; Malvern, PA) as part of a partnership designed to accelerate franchise growth and allow K9 Resorts' corporate team to focus on franchise support and expansion.

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.

Trivest Partners Recapitalizes Yummy Pools

June 4, 2024

Plumbing

Trivest Partners has made a majority recapitalization investment in Yummy Pools Holdings, a residential pool cleaning and repair services company based in Atlanta, Georgia. The partnership will provide growth capital to accelerate Yummy Pools' organic expansion and acquisitions across existing and new markets while the founders remain involved.