Announced
Completed
Financials
Tags
boarding
United States
dog services
grooming
Consumer Services: Other
Acquisition
Domestic
Private
Private Equity
Completed
Friendly
Single Bidder
Minority
Synopsis
Turning Rock Partners, a private investment firm, completed the investment in Best Friends Pet Care, a provider of pet care services. Financial terms were not disclosed. "Best Friends is an attractive investment for Turning Rock because it is Employee Owned Certified, which gives employees a direct incentive to work hard and take pride in what they do. The Company being employee owned demonstrates a high degree of alignment and the management also has extensive industry experience, coming to Best Friends from Petco. This combination was appealing to TRP," Saba Ahmad, Turning Rock President.
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