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Rover to acquire Australia-based pet sitting marketplace Mad Paws
Rover to acquire Australia-based pet sitting marketplace Mad Paws

Geek Wire

time17 hours ago

  • Business
  • Geek Wire

Rover to acquire Australia-based pet sitting marketplace Mad Paws

(Rover Image) Seattle-based Rover is set to acquire Mad Paws, a pet-sitting company that describes itself as Australia's leading online pet ecosystem. The deal is valued at about $40 million, according to a press release. Mad Paws facilitated more than 400,000 transactions in 2024 and has more than 300,00 active pet parents on its platform. The Sydney-based company, which went public in 2021 and will continue to operate as a standalone brand, has more than 300 employees. Rover intends to acquire Mad Paws' online marketplace business but not its e-commerce division. Rover bills itself as the world's largest network of pet sitters and dog walkers. The company was acquired by Blackstone last year in a $2.3 billion private equity deal. 'This transaction marks a pivotal moment for Rover's international growth and underscores our global leadership in the pet care space,' Rover CEO Brent Turner said in a statement. Rover has previously focused on expansion throughout North America and Europe, including the acquisitions of European companies Cat In A Flat (2024) and Gudog (2025). Turner was recently appointed CEO, replacing co-founder Aaron Easterly.

Rover Group Announces Binding Scheme Implementation Deed with Mad Paws, Australia's Leading Online Pet Care Marketplace
Rover Group Announces Binding Scheme Implementation Deed with Mad Paws, Australia's Leading Online Pet Care Marketplace

Yahoo

time19 hours ago

  • Business
  • Yahoo

Rover Group Announces Binding Scheme Implementation Deed with Mad Paws, Australia's Leading Online Pet Care Marketplace

The transaction would mark Rover's expansion into Australia, adding Mad Paws' network of over 300,000 pet parents and 70,000 pet care providers to the Rover Group family SEATTLE, July 21, 2025 (GLOBE NEWSWIRE) -- Rover, the world's largest online marketplace for loving pet care, today announced it has entered into a Scheme Implementation Deed (SID) with Mad Paws, under which it is proposed that Rover will acquire 100% of the shares on issue in Mad Paws, by way of scheme of arrangement. Implementation of the scheme would further Rover's international expansion, enabling Rover Group to offer services in the Australian market for the first time. Founded in 2015, Mad Paws operates Australia's leading online pet ecosystem, connecting pet owners with a network of high-quality services and products, including pet sitting, walking, day care, training and grooming services. The Mad Paws platform supports over 300,000 active pet parents and 70,000 registered pet care providers throughout Australia, facilitating over 400,000 transactions in 2024. 'We are delighted by this announcement and look forward to welcoming Mad Paws to the Rover family. The Mad Paws team has done an impressive job scaling to become the leading pet care marketplace in Australia and we're excited to join forces and help them accelerate the next phase of their journey,' said Brent Turner, CEO of Rover. 'This transaction marks a pivotal moment for Rover's international growth and underscores our global leadership in the pet care space. With a pet market worth approximately A$30 billion, Australia represents a significant market opportunity beyond North America and Europe. As we expand globally, we remain focused on seeing and serving the unique needs of every pet and ensuring they're all met with trusted care.' 'Rover and its team have led the way in the pet care space since 2011 and we couldn't be more thrilled to partner with them,' said Justus Hammer, Group CEO, Executive Director and Co-founder of Mad Paws. 'Like Rover, Mad Paws has been working to break down the barriers to pet parenthood so that everyone in Australia can experience the joy of having a pet in their lives. We're proud of the network of pet lovers we've built over the last decade, and we're excited to tap into Rover's experience as we continue striving towards our collective goal.' Following implementation of the scheme, it is intended that Mad Paws will continue to operate as its own brand based in Sydney, Australia, led by Justus Hammer, Group CEO, Executive Director and Co-founder of Mad Paws. Under the SID, it is proposed that Rover will acquire 100% of the shares on issue in Mad Paws (Mad Paws Shares), by way of scheme of arrangement. If the scheme is implemented, Mad Paws shareholders will receive A$0.14 per Mad Paws Share in cash, which implies a total transaction equity value for Mad Paws of approximately A$62 million on a fully-diluted basis¹ and includes approximately A$13M of cash proceeds expected to be received from the proposed sale by Mad Paws of the Pet Chemist business as outlined in Mad Paws' announcement. The board of directors of Mad Paws has unanimously recommended that shareholders vote in favor of the transaction, subject to no superior proposal emerging and an independent expert concluding (and continuing to conclude) that the scheme is in the best interest of Mad Paws shareholders. Implementation of the scheme is subject to completion of the divestment of Mad Paws' Pet Chemist business and closure or deregistration of the residual e-commerce businesses operated under the Sash and Waggly brands, as well as Australian Foreign Investment Review Board approval and other customary conditions, including Mad Paws shareholder and Australian court approvals. Herbert Smith Freehills Kramer is acting as legal counsel to Rover. Talbot Sayer is acting as legal counsel to Mad Paws and Highbury Partnership is acting as financial advisor to Mad Paws. About RoverFounded in 2011 and based in Seattle, Washington, Rover is the leading online marketplace for loving pet care. Rover connects pet parents with pet care providers who offer overnight services, including boarding and in-home pet sitting, as well as daytime services, including doggy daycare, dog walking, and drop-in visits. Rover's existing global footprint spans 16 countries, including North America (US and CA), Europe (UK, IE, FR, ES, DE, IT, CH, NL, SE, NO, DK, BE, AT and FI) and soon, subject to implementation of the scheme, Australia. To learn more visit About Mad PawsMad Paws operates Australia's leading online pet ecosystem, connecting pet owners with an ecosystem of high-quality services and products. The Mad Paws marketplace is the leading online platform for pet owners to book their pet sitting, walking, day care and grooming services, with 70,000 registered pet carers Australia wide. With over two million pet care services since inception the Mad Paws pet services marketplace is the leading marketplace of its kind in Australia. Press Contact: Kristin Sandberg pr@ 1Based on 442,961,915 fully diluted shares, comprising (1) 406,242,258 issued ordinary shares at the date of this announcement, (2) 8,813,480 ordinary shares expected to be issued prior to the record date for the Scheme under Mad Paws' Employee Share Plan to (i) satisfy remaining Mad Paws' obligations to issue shares to senior management and Directors of Mad Paws as approved at the 2024 AGM; and (ii) in lieu of payment of sacrificed directors' fees and executive remuneration for the period October 2024 to April 2025 (subject to shareholder approval) and (3) 27,906,177 shares expected to be issued on exercise of outstanding in the money options prior to implementation of the in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Small Door Veterinary Expands NYC Footprint With Park Slope Location
Small Door Veterinary Expands NYC Footprint With Park Slope Location

Yahoo

timea day ago

  • Business
  • Yahoo

Small Door Veterinary Expands NYC Footprint With Park Slope Location

Modern and Convenient Veterinary Care Provider Opens Second Brooklyn Practice NEW YORK, July 21, 2025--(BUSINESS WIRE)--Small Door Inc., a tech-enabled, membership-first veterinary care provider operating under the brand Small Door Veterinary, today announced the opening of its sixth New York City location with a state-of-the-art practice at 435 9th Street in the Park Slope neighborhood of Brooklyn. This marks Small Door's second Brooklyn location, joining its Williamsburg practice as part of its continued expansion. Small Door reimagines veterinary care from the ground up, prioritizing gold-standard medical care, ease and convenience for pet parents, and a more comfortable experience for pets. While Small Door is open to anyone, the optional membership offers additional benefits: one free exam every year, same/next-day appointments, and 24/7 telehealth for peace of mind. With its rigorous clinical standards and dedication to quality care, Small Door seeks American Animal Hospital Association (AAHA) accreditation for all of its practices — a distinction held by just 15% of veterinary clinics in the U.S. As one of the first veterinary care companies to become a certified B Corp, Small Door upholds the highest standards of ethical business practices and sustainability. The company also seeks AAHA (American Animal Hospital Association) accreditation for all practices—an honor held by only 15% of veterinary clinics in the U.S. Beyond delivering exceptional pet care, Small Door is committed to being a socially responsible employer. The company was founded on the belief that veterinary professionals deserve better working conditions, competitive compensation, and career support. Team benefits include paid parental leave, no non-competes, mental health resources, career mentorship, and industry-leading compensation and benefits. "Our Brooklyn member base is incredibly loyal, and we're excited to expand our modern, member-first approach with this new Park Slope location," said Florent Peyre, Co-Founder and CEO of Small Door. "We're committed to serving members where they are, providing next-generation veterinary care—including after-hours telemedicine support—to ensure pets receive the care they deserve." To be among the first to experience the Small Door difference in Park Slope, visit About Small Door Veterinary Small Door is membership-based veterinary care designed with human healthcare standards. Its unique model combines exceptional primary care, stress-free clinic environments, 24/7 telemedicine, and transparent pricing — creating a better experience for pets, pet parents, and medical teams alike. Founded in New York City, Small Door operates across the Northeast and Mid-Atlantic and is expanding nationally. View source version on Contacts Press Contact Pete BahrenburgTailwind PR802.233.2428pete@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Charity plea to donate bedding directly to site
Charity plea to donate bedding directly to site

Yahoo

time2 days ago

  • General
  • Yahoo

Charity plea to donate bedding directly to site

An animal charity is asking people to stop putting bedding into its off-site donation points due to health and hygiene reasons. Gables Cats and Dogs Home in Plymouth said it was grateful for the much-needed donations but asked if people could take them directly to the charity instead. Manager Claire Sparkes said the collection bins, located at supermarkets and stores across the city, were becoming "overfull" with items including large duvets. She said it meant people could not get smaller items, such as pet food and litter into the collection boxes. She said: "Duvets are quite big and take up a lot of space, but we do need duvets at Gables. "The Greyhounds especially love them - as long as they're not feather ones - because as you can imagine, the chaos it causes. "When one gets ripped open the feathers go everywhere, and the staff spend hours trying to clean it all up." Ms Sparkes said they always needed duvets, towels, and blankets, as well as food, treats and toys for the animals. She said: "We always need old towels because we wash the dogs, especially if they get a bit muddy or wet." The collection bins also have a sign which states "no bedding in here please". Ms Sparkes said the charity had more than 100 cats and kittens in its care, some in foster homes, and between 45 to 50 dogs at the centre. "We are asking people to donate anything that we can use for animals like cat and dog treats and anything that we can spoil them with," she added. More news stories for Devon Listen to the latest news for Devon Follow BBC Devon on X, Facebook and Instagram. Send your story ideas to spotlight@ More on this story Land near animal rescue centre saved by council Related internet links Gables

Plymouth charity asks people to donate bedding directly
Plymouth charity asks people to donate bedding directly

BBC News

time2 days ago

  • General
  • BBC News

Plymouth charity asks people to donate bedding directly

An animal charity is asking people to stop putting bedding into its off-site donation points due to health and hygiene Cats and Dogs Home in Plymouth said it was grateful for the much-needed donations but asked if people could take them directly to the charity instead. Manager Claire Sparkes said the collection bins, located at supermarkets and stores across the city, were becoming "overfull" with items including large said it meant people could not get smaller items, such as pet food and litter into the collection boxes. She said: "Duvets are quite big and take up a lot of space, but we do need duvets at Gables."The Greyhounds especially love them - as long as they're not feather ones - because as you can imagine, the chaos it causes. "When one gets ripped open the feathers go everywhere, and the staff spend hours trying to clean it all up."Ms Sparkes said they always needed duvets, towels, and blankets, as well as food, treats and toys for the said: "We always need old towels because we wash the dogs, especially if they get a bit muddy or wet." The collection bins also have a sign which states "no bedding in here please".Ms Sparkes said the charity had more than 100 cats and kittens in its care, some in foster homes, and between 45 to 50 dogs at the centre. "We are asking people to donate anything that we can use for animals like cat and dog treats and anything that we can spoil them with," she added.

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