Outward Hound Acquires Best Friends by Sheri

H.I.G. Capital Becomes Majority Owner of Outward Hound

July 10, 2026

Consumer Products

Outward Hound announced that funds affiliated with H.I.G. Capital have assumed majority ownership of the company. The acquisition is intended to provide additional resources to accelerate product innovation, strengthen retail partnerships, and expand category opportunities.

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.

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.

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.

Outward Hound Acquires Planet Dog

October 16, 2018

Consumer Products

Outward Hound, a J.W. Childs-backed portfolio company, acquired Planet Dog — a Made-in-USA dog toy brand known for its Orbee line and values-driven positioning. The add-on expands Outward Hound’s branded product offerings in the dog toy segment and follows Outward Hound’s acquisition by J.W. Childs in December 2017.