Pet Resort Hospitality Group Expands National Presence

News Summary

Pet Resort Hospitality Group (PRHG) has expanded its national reach by acquiring five prominent pet resort brands, bringing its total to 17 facilities across the U.S. This growth reflects the increasing demand for high-quality pet care services, with PRHG now accommodating over 1,700 daily pet visits and employing over 600 staff members. The company plans to continue its expansion through strategic acquisitions while emphasizing employee opportunities and superior pet care.

Pet Resort Hospitality Group Expands with Five New Acquisitions, Boosting National Presence

Chicago, IL – Pet Resort Hospitality Group (PRHG) has significantly enhanced its national presence in the pet services sector by acquiring five prominent pet resort brands. This expansion brings PRHG’s total number of facilities across the United States to 17, reflecting a growing demand for quality pet care services.

Details of the Acquisitions

The new brands incorporated into PRHG’s portfolio include:

• Meadowlake Pet Resort and Training Center located in Houston, Texas, has been under the ownership of Carroll Ray for over 20 years.
• Olde Towne Pet Resorts situated in Washington, D.C., features three high-end facilities equipped with a robust analytics and operations team.
• Playtime Pet Resort with two locations in Philadelphia, Pennsylvania, serves the affluent clientele of the Main Line area.
• Paws ‘n’ Rec, based in Tampa, Florida, operates four locations that have been established in the past three years, with an innovative membership model.
• Williamsburg Pet Hotel and Suites in St. Louis, Missouri, is a family-owned business that has been passed down through three generations.

With these acquisitions, PRHG now employs over 600 staff members and accommodates more than 1,700 daily pet visits.

Future Growth Plans

PRHG aims to continue its expansion through further strategic acquisitions and bolstering its existing brands. The leadership team places a strong emphasis on creating opportunities for employees while also ensuring high-quality care for pets and excellent service for pet owners.

Formation of PRHG

Founded in 2023, PRHG was established with the goal of becoming a leading organization within the pet services industry. Co-founders include industry veteran Eyal Cohen and Trivest Partners, a private equity firm that has played a crucial role in providing the necessary funding to support these recent acquisitions through its $600 million Trivest Discovery Fund II. PRHG specializes in offering a range of services including daycare, boarding, grooming, and training for pets.

Shared Values and Enthusiasm

Executives from the newly acquired brands have expressed enthusiasm about their partnership with PRHG. They highlight the alignment of values and the shared focus on growth within the pet services sector, which bodes well for the future of their operations.

Industry Context

The pet services market has seen significant growth in recent years, driven by increasing pet ownership and the rising willingness of pet parents to spend on quality care services. The consolidation within the industry, exemplified by PRHG’s recent acquisitions, indicates a robust trend as companies seek to expand their reach and service offerings to meet evolving consumer demands.

As PRHG continues to develop its portfolio and implement strategic growth initiatives, it stands poised to play a significant role in shaping the future landscape of pet care services across the country.

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HERE Resources

Pet Resort Hospitality Group Expands Portfolio with Five Acquisitions

Additional Resources

• Pet Resort Hospitality Group Expands with Five New Acquisitions
• Job Opportunities at Pet Resort at Greenspring
• Colonial Williamsburg Expanding Youth Volunteer Programs
• Work from Here: Six Resorts Offering Staycation Packages
• Wikipedia: Pet Care