Blackstone Acquires Rover Group, Inc. for $2.3 Billion

Published | Modified February 27, 2024
CSIMarket Newsroom | CSIMarket.com

BREAKING NEWS: Rover Group, Inc.Acquired by Blackstone in $2.3 Billion Deal

SEATTLE, Feb.27, 2024 - Rover Group, Inc. the world’s largest online marketplace for pet care, has been acquired by private equity funds affiliated with Blackstone in an all-cash transaction valued at approximately $2.3 billion.The acquisition solidifies Rover’s position in the Personal Services sector, with its share price standing at $10.99 and shares increasing by 0.37% over the last month.

Source for this article: Based on Rover Group Inc ’s official statement

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