Village Pet Care Launches as New Pet Care Services Platform With Strategic Growth Investment from General Atlantic – Yahoo Finance

Currently spanning 17 locations in six states, Village Pet Care to partner with global growth investor General Atlantic as it seeks to drive continued nationwide growth of pet boarding, daycare, and grooming platform

SALT LAKE CITY & NEW YORK, January 18, 2023 –( BUSINESS WIRE )– Village Pet Care , a new pet care services platform led by Shane Kelly, today announced its launch with an investment from global growth equity firm General Atlantic. Village Pet Care currently owns and operates 17 pet care services centers across 6 states, providing pet boarding, daycare, grooming, and training offerings. Village Pet Treatment intends to accelerate the growth through local plus regional acquisitions of single and multi-unit providers, broadening service offerings, and enhancing business operations, with a vision of building a trusted national system catering to the unique needs of pets and their owners.

Kelly is an experienced entrepreneur with over 25 years of operational pet care experience, including most recently as founder and former CEO of Destination Pet, a leading provider of pet care services that he helped build to more than 75 locations nationally. Prior to Destination Pet, Kelly led five private equity and venture-backed companies across pet treatment and human healthcare. He brings deep industry relationships and extensive experience across the broader pet care solutions market, spanning operations, M& A and integration, marketing, and commercialization.

Currently an $11 billion market, the U. S. pet care services industry is expected to grow 8% in 2022 as pet ownership climbs further plus consumers continue to look for high-quality service offerings for their pets. ¹ The market remains fragmented, leading to variation in quality at a time when pet owners are increasingly focused on pet needs and comfort. Village Pet Care seeks to address this growing opportunity by building a trusted network of care centers offering consistent and high-quality providers across the country.

“We are thrilled to launch Village Pet Care with the mission of providing top quality services to families throughout the U. S. As the dog population continues to grow, we see a real opportunity to build a trusted network of care providers offering key services plus adhering to our standards associated with excellence, ” said Shane Kelly, CEO of Town Pet Care. “With the support of General Ocean, we intend to continue expanding our geographic reach and service offerings, all while striving to go above and beyond for our customers and their animals. ”

“We are excited to partner with Shane with the aim of expanding Community Pet Care into a nationwide operator, ” said Andrew Ferrer, Managing Director at General Atlantic. “Working to build a leading business in the boarding, daycare, and grooming services sector expands upon our thematic approach to the developing pet care industry. ”

“Shane and his team are highly experienced operators who share our own vision for long-term company building, ” added Ben Sherman, Vice President in General Atlantic. “We believe there is significant white space to drive growth through acquisition and bring innovation plus operational excellence to this fast-growing category. ”

Village Pet Care is actively acquiring single and multi-unit pet care solutions businesses across the country. The M& A team can be reached at info. [email protected] com .

About Village Pet Care

Village Pet Care is a leading pet care services platform committed to providing high-quality pet care in North America. Founded by a deeply experienced and pet-loving team, Village Pet Care will be building a trusted network of pet care centers from scale, with a mission associated with going above and beyond for families and their pets. The company currently owns and operates 17 pet care providers centers across six states, providing pet boarding, daycare, grooming, and training offerings. Village Pet Care is usually backed by General Atlantic, a leading global growth equity firm. For more information, please visit www.villagepet.com .

About General Atlantic

General Atlantic is a leading global growth equity company with more than four decades of experience providing capital plus strategic support for over 445 growth companies throughout its history. Established in 1980 to partner with visionary entrepreneurs and deliver lasting impact, the firm combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to scale innovative businesses around the world. Common Atlantic currently has over $73 billion in assets under management inclusive of all products as of September 30, 2022, and more than 215 investment professionals based in New York, Amsterdam, Beijing, Hong Kong, Jakarta, London, Mexico City, Miami, Mumbai, Munich, Palo Alto, São Paulo, Shanghai, Singapore, Stamford and Tel Aviv. For more information on General Ocean, please visit the website: www.generalatlantic.com .

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1} https://www.ibisworld.com/industry-statistics/market-size/pet-grooming-boarding-united-states/

View source version on businesswire. com: https://www.businesswire.com/news/home/20230118005149/en/

Contacts

Media
Emily Japlon & Gurion Kastenberg
[email protected] com