K-9 Resorts Daycare & Luxury Hotel began as a dream for two Jersey boys, and now a partnership with a fellow New Jersey private equity group will help the franchise grow.
Steven and Jason Parker, founders of K-9 have partnered with private equity firm Navigator Partners for a multi-million dollar investment, MyCentralJersey.com recently reported.
“We’ve spent the last five years establishing the K-9 Resorts brand as a franchise, awarding and opening locations and perfecting our system,” Jason Parker said in a release. “That’s why we couldn’t be happier to announce our partnership with Navigator Partners, so we can now grow quickly across the country. Our well-defined system and commitment to making our franchisees successful is ideal for the growing pet industry marketplace.”
Under the deal, the Parker brothers will retain majority ownership and continue day-to-day operations. The company is the top rated boarding facility in the state of New Jersey, and among the top three rated facilities across the U.S.
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