Pet Paradise has sold 12 locations to a private real estate investor
August 2016 — The owners of Pet Paradise have sold 12 locations in a sale-leaseback transaction to a private real estate investor. Financial details have not been disclosed.
Founded in 2002, Pet Paradise offers pet boarding and daycare services for dog or cat owners. Based in Jacksonville, Florida, with over 26 locations and 700 employees throughout the southern region of the country, Pet Paradise provides a variety of services such as room and suites boarding, grooming, training, all day play activities and on-site veterinary services.
Our role in the transaction
Oaklins' team in Jacksonville advised the seller in this transaction.
Talk to the deal team
Related deals
Rustins has been acquired by Remmers
Germany’s Remmers Gruppe SE has acquired UK coatings maker Rustins. The acquisition strengthens Remmers’ presence in the UK and expands its product portfolio and distribution channels. While Remmers has an established UK business focused on industrial flooring and wood coatings, Rustins brings complementary product ranges, established trade and distribution relationships and access to new customer groups in the DIY, painting and household retail sectors. Following completion, Rustins Group is wholly owned by Remmers, which has acquired all shares in Rustins Holdings Limited, including its operating company, Rustins Limited.
Learn moreValuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn moreBe-Cloud has been acquired by PSG Equity
Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.
Learn more