Paws Pet Resort has been acquired by Best Friends Pet Care, backed by Mosaic Capital Partners, enhancing the latter's market presence and service offerings in the growing pet care industry.

Target Information

Paws Pet Resort, located in Sioux Falls, South Dakota, is a leading regional provider of pet resort and related services. The company offers a comprehensive range of services, including boarding, daycare, training, and other specialized offerings, establishing itself as a market leader in the pet care sector. Historically, Paws Pet Resort has been a family-owned and operated business, contributing to its reputation and customer loyalty in the community.

Industry Overview

The pet care industry in South Dakota has seen substantial growth over the past few years, driven by increasing pet ownership and a rising willingness among pet owners to spend on premium services. This trend is mirrored across the United States, where the pet care market continues to expand, with a notable shift towards specialized and high-quality services that cater to the needs of pets and their owners.

In South Dakota, the demand for diverse pet services—ranging from grooming and daycare to boarding and training—is on the rise, spurred by a growing number of households owning pets. This transform