BisnowKinderCare Real Estate Locks In $650M Refinancing
A private REIT tied to the Milken family refinanced a 549-property KinderCare portfolio as the childcare operator's stock slides on weak enrollment.
RDP Advisory brokered the sale of Miami's largest pet daycare, boarding, and grooming operator to a strategic buyer whose identity wasn't disclosed.

D.O.G. Hotels, the largest operator of pet daycare, overnight boarding, and grooming services in the Miami area, has sold to an undisclosed strategic buyer. Founders Andres Antunez and Juan Cochesa built the company from a 2015 startup into the market leader before hiring RDP Advisory to run a formal sale process that closed this month.
Antunez told RDP the founders initially planned to sell without an advisor, then changed course once they understood what a structured process could add. That decision, and the founders' choice to frame the deal as finding the right partner rather than the highest bidder, points to a growth-stage exit rather than a forced one, with both founders staying involved through the transition to the new ownership.
Buyers in pet care have increasingly targeted the dominant operator in a metro area rather than building share market by market, since an established leader like D.O.G. arrives with staff, real estate, and a customer base already in place. That pattern makes single-market leaders attractive acquisition targets even without a franchise system behind them, and it rewards operators who consolidated their local market early.
Keeping the buyer's identity confidential is common when a strategic acquirer is still assembling a platform and doesn't want to tip off other targets or competitors before its next move. For operators in adjacent Florida markets, the more relevant signal is that a well-run, single-city pet care operator was acquisition-ready enough to draw a strategic buyer at all.
BisnowA private REIT tied to the Milken family refinanced a 549-property KinderCare portfolio as the childcare operator's stock slides on weak enrollment.
Revscale Media (illustration)Husband-and-wife franchise owners Ryan and Ashley Mitchell are extending their Always Best Care senior care territory across Indianapolis' South Side.
Revscale Media (illustration)GreatWater 360 Auto Care acquired seven-location Clutch Automotive, entering Houston and pushing its national footprint past 170 locations.
Travel And Tour WorldThe hotel franchisor's board confirmed its interim chief as permanent CEO, betting an internal finance and brand veteran can steady franchisee relationships and development.
Bill Truslow / Franchise TimesThe high-value, low-price gym chain signed its first new-to-system development deal in over a decade, betting fresh operators can reach markets left untapped.
Revscale Media (illustration)The private equity giant's reported acquisition extends a consolidation wave that already includes Neighborly and Groundworks into garage door repair.