Atif Azher~~Naveed Anwar~~Kira Shannahan~~Mark Brod~~Russell Light
January 24, 2026
True Wind Capital Completes Minority Investment in Rover

1 min
AI-made summary
- Simpson Thacher advised vehicles affiliated with True Wind Capital on their minority investment in Rover Group, Inc
- as part of Rover's acquisition by Blackstone affiliates in an all-cash deal valued at approximately $2.3 billion
- Rover, headquartered in Seattle, operates an online marketplace connecting pet owners with providers offering services such as boarding, in-home pet sitting, doggy daycare, dog walking, and drop-in visits
- The legal team included specialists in M&A, capital markets, and tax.
Simpson Thacher represented vehicles affiliated with True Wind Capital in its minority investment in Rover Group, Inc. (“Rover”), the world’s largest online marketplace for pet care, in connection with the acquisition of Rover by affiliates of Blackstone in an all-cash transaction valued at approximately $2.3 billion.
Rover, based in Seattle, connects pet parents with pet 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.
The Simpson Thacher team included Atif Azher, Naveed Anwar, Kira Shannahan, Matthew Walls and Ondrej Gaiser-Palecek (M&A); Mark Brod (Capital Markets); and Russell Light (Tax).
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Atif Azher~~Naveed Anwar~~Kira Shannahan~~Mark Brod~~Russell Light
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