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1. • • Rover is going public through a SPAC merger, valuing the company at $1.63 billion. Pet adoption surged during the pandemic, offering growth opportunities for the underpenetrated pet care services subindustry. Rover's business model seemed to be un-Amazonable, un-Uberable, and un-Fiverrable.
     seekingalpha.com › article › 4423686-rover-capitalizing-pet-care-services-super-niche

     Rover: Capitalizing On The Pet Care Services Super Niche

2. People also ask

   How much is Rover worth?

   • (Rover Photo) Seattle pet-sitting marketplace Rover announced Wednesday that it has agreed to be acquired by asset manager Blackstone in a deal worth approximately $2.3 billion. Company stockholders will receive $11 per share in cash — an amount that’s 29% higher than its $8.50 closing price on Tuesday.

   Rover to be acquired by asset manager Blackstone in $2.3B deal

   www.geekwire.com/2023/rover-is-acquired-by-asset-manager-blackstone-in-2-3b-deal-paying-stockholders-11-per-share/

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   What is Rover & how does it work?

   • Through its platform and mobile app, pet parents can easily discover, book, re-book, pay, and review loving pet care providers online. Rover eliminates many of the barriers of pet ownership, enabling the Company’s mission to make it possible for everyone to experience the unconditional love of pets.

   Rover Agrees to be Acquired by Blackstone in $2.3 Billion Transaction

   finance.yahoo.com/news/rover-agrees-acquired-blackstone-2-140000365.html

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   How did Rover get started?

   • “This is about keeping a really great trajectory going.” Rover initially got going back in 2011, when Seattle venture capitalist Greg Gottesman pitched the idea at a Startup Weekend event. The company was incubated inside Seattle-based Madrona Venture Group in its early days.

   Rover CEO on company's next chapter as pet-sitting giant ... - GeekWire

   www.geekwire.com/2024/rover-ceo-on-companys-next-chapter-as-pet-sitting-giant-completes-2-3b-deal-with-blackstone/

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   What happens to Rover common stock after the acquisition?

   • With the completion of the acquisition, Rover stockholders are entitled to receive $11.00 in cash for each share of Rover common stock they owned immediately prior to the closing. Rover’s common stock has ceased trading and will be delisted from the Nasdaq Stock Market.

   Blackstone Completes Acquisition of Rover - Blackstone

   www.blackstone.com/news/press/blackstone-completes-acquisition-of-rover/

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3. www.geekwire.com › 2024 › rover-ceo-on-companys-nextRover CEO on company's next chapter as pet-sitting giant ...

   www.geekwire.com › 2024 › rover-ceo-on-companys-next

   • Cached

   Feb 27, 2024 · The Seattle-based pet-sitting business completed its $2.3 billion deal with Blackstone on Tuesday, marking the latest chapter in a 13-year journey that began at a hackathon and took the company...

4. stockanalysis.com › stocks › rovrRover Group, Inc. (ROVR) - Stock Analysis

   stockanalysis.com › stocks › rovr

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   Feb 27, 2024 · Get the latest Rover Group, Inc. (ROVR) stock price quote with news, financials and other important investing information.

   • Market Cap: 2.00B
   • Revenue (ttm): 217.80M

   • Net Income (ttm): 10.86M
   • Shares Out: 181.81M

5. seekingalpha.com › article › 4423686-roverRover: Capitalizing On The Pet Care Services Super Niche

   seekingalpha.com › article › 4423686-rover

   May 3, 2021 · Rover is going public through a SPAC merger, valuing the company at $1.63 billion. Click here to find out why we feel it's a good investment opportunity for pet lovers and growth investors.

6. www.blackstone.com › news › pressBlackstone Completes Acquisition of Rover - Blackstone

   www.blackstone.com › news › press

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   Feb 27, 2024 · SEATTLE- February 27, 2024 – Rover Group, Inc. (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced the completion of its acquisition by private equity funds affiliated with Blackstone (“Blackstone”) in an all-cash transaction valued at approximately $2.3 billion.

7. www.blackstone.com › news › pressRover Agrees to be Acquired by Blackstone in $2.3 Billion ...

   www.blackstone.com › news › press

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   Nov 29, 2023 · SEATTLE, November 29, 2023 – Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced that it has entered into a definitive agreement to be acquired by private equity funds managed by Blackstone (“Blackstone”) in an all-cash transaction valued at ...

8. finance.yahoo.com › news › rover-agrees-acquiredRover Agrees to be Acquired by Blackstone in $2.3 Billion ...

   finance.yahoo.com › news › rover-agrees-acquired

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   Nov 29, 2023 · SEATTLE, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced that it has...

9. www.geekwire.com › 2023 › rover-is-acquired-by-assetRover to be acquired by asset manager Blackstone in $2.3B ...

   www.geekwire.com › 2023 › rover-is-acquired-by-asset

   • Cached

   Nov 29, 2023 · Seattle pet-sitting marketplace Rover announced Wednesday that it has agreed to be acquired by asset manager Blackstone in a deal worth approximately $2.3 billion. Company stockholders will...