Pet Resort Hospitality Group Expands with Five Acquisitions of Leading Pet Resort Brands

Miami, FL - Pet Resort Hospitality Group (PRHG) has made a significant move in the pet services industry with the acquisition of five leading pet resort brands. The addition of Meadowlake Pet Resort and Training Center, Olde Towne Pet Resorts, Playtime Pet Resort, Paws ‘n’ Rec, and Williamsburg Pet Hotel and Suites brings the total number of pet resorts in the PRHG portfolio to 17. This development solidifies PRHG as one of the top pet services companies in the country.

The new brands offer a range of services, including daycare, boarding, grooming, and training. Meadowlake Pet Resort and Training Center, located in Houston, Texas, has been owned and operated by industry veteran Carroll Ray for over two decades. Olde Towne Pet Resorts has three high-end facilities and a well-staffed analytics and operations group in the DC area. Playtime Pet Resort boasts two luxury locations that cater to Philadelphia's Main Line clientele. Paws ‘n’ Rec in Tampa, Florida, has four locations built within the last three years and operates on a unique membership model. Finally, Williamsburg Pet Hotel and Suites is a third-generation family business in St. Louis, Missouri.

With these acquisitions, PRHG now has 17 locations, over 600 staff members, and accommodates over 1,700 daily pet visits. This rapid expansion positions PRHG as a leading player in the pet services industry. In addition to pursuing further acquisitions, PRHG is also dedicated to the growth of its existing brands.

PRHG was formed in 2023 as a partnership between Queens Court Capital, led by Azhar Quader, and Trivest Partners. The goal was to create a best-in-class operation focused on daycare, boarding, grooming, and training. The strategic funding from Trivest enabled PRHG to facilitate these acquisitions and assemble a world-class team of pet care owners and operators.

Eyal Cohen, co-founder, and Chief Development Officer at PRHG expressed excitement about the partnerships, saying, "Our experience operating pet resorts prior to forming PRHG helped us identify these first key partners. Together, we're looking forward to delivering unrivaled hospitality for pet parents, quality care for pets, and newfound opportunities for our team."

Trivest Partners, known for its support and growth of founder-led and family-owned businesses, share the same philosophy as PRHG. Brian Connell, Partner at Trivest, stated, "Trivest and PRHG both believe in the power of partnering with and growing founder and family-owned businesses in fragmented industries like pet services. We're thrilled the platform is growing so rapidly and look forward to continued growth in 2024."

The acquisition of Paws ‘n’ Rec in Tampa Bay highlights the mutual understanding between PRHG and its partners. Taylor Wallace, the President of Paws ‘n’ Rec, explained, "We partnered with PRHG and Trivest because we felt they really understood our business and shared our values. PRHG has already helped us open our newest location, and we're actively working with them to expand our brand faster than was possible on our own."

Carroll Ray, the owner of Meadowlake Pet Resorts, praised PRHG, saying, "Working with PRHG is allowing my longstanding employees incredible career opportunities, and I know our customers and their pets will be well taken care of for years to come."

PRHG's management team brings extensive experience in private equity transactions and success in the pet services industry. The company offers its business partners resources and support in acquisition planning, growth planning, strategic tactics, and back-office management. PRHG aims to become a leading provider of pet services in the United States.

For more information about Pet Resort Hospitality Group, visit www.petresorts.love.

About Trivest:

Trivest Partners specializes in supporting and growing founder-led and family-owned businesses in both control and non-control transactions. With a presence in several major cities in the United States and Canada, Trivest focuses on these businesses' support and growth. To learn more, visit www.trivest.com.

About Queens Court Capital Management:

Queens Court Capital Management is a private equity firm that incorporates best practices from being an operator, an entrepreneur, and an investor. The firm focuses on special situation control-oriented private equity opportunities. To learn more, visit www.queenscourtcap.com.