TL;DR
K-9 Resorts has secured a multi-million dollar expansion investment from Navigator Partners to grow the franchise across the country. The Parker brothers will retain majority ownership and continue day-to-day operations.
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.
Brian Jaeger is a Vice President of Media Relations at No Limit Agency. Brian joined No Limit Agency after seven years working for local television news stations in Florida, four years at WCJB in Gainesville and three years at Bay News 9, the 24-hour local news station in the Tampa Bay area. Brian is a graduate of the University of Florida, where he studied journalism and telecommunications.
He brings a journalist’s viewpoint to the public relations field, and when he’s not busy telling the stories of No Limit Agency's brands, you can find him writing, on a karaoke stage, or cheering on the Gators.
In this story
This story was originally published in 1851 Franchise on July 18, 2016. Burnaze summarizes and links to the original reporting.
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