Abstrakt: |
Trivest Partners (“Trivest”) announces the formation of Pet Resort Hospitality Group (“PRHG” or the “Company”), a buy-and-build thesis in the pet services industry with the goal of building a best-in-class operation across various states with a focus on daycare, boarding, grooming, and training. Trivest’s investment will come from Trivest Discovery Fund II, a $600 million fund dedicated to investing in founder and family-owned businesses within fragmented industries that have enormous potential to scale. PRHG is Trivest Discovery Fund II’s 2nd platform investment. [ABSTRACT FROM PUBLISHER] |