Online pet care marketplace Rover Group was acquired by private equity funds managed by Blackstone in an all-cash transaction valued at approx $2.3 billion. Rover was created to provide an alternative to relying on friends, family, neighbors and/or boarding facilities for pet care. Over the years, Rover offerings have grown to include five basic services that cater to both daytime and overnight needs. Since the launch of the platform, more than 93 million services have been booked with Rover for more than 4 million pet parents In early 2022, Rover too partnered with Petco to offer its pet sitting, boarding…
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