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January 24, 2026
Kirkland Advises Blackstone on Closing of $2.3 Billion Rover Acquisition

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AI-made summary
- Kirkland & Ellis advised Blackstone-managed private equity funds on the acquisition of Rover Group, Inc., the world’s largest online pet care marketplace, in an all-cash deal valued at approximately $2.3 billion
- Rover stockholders received $11.00 per share in cash
- Following the transaction, Rover’s common stock has stopped trading and will be delisted from the Nasdaq
- The Kirkland team included partners from corporate, debt finance, executive compensation, and tax practices.
Kirkland & Ellis advised private equity funds managed by Blackstone on the close of the acquisition of Rover Group, Inc. (Nasdaq: ROVR), the world’s largest online marketplace for pet care, in an all-cash transaction valued at approximately $2.3 billion. Under the terms of the agreement, Rover stockholders received $11.00 per share in cash. Rover’s common stock has ceased trading and will be delisted from the Nasdaq. Read the transaction press release The Kirkland team was led by corporate partners Chris Burwell, Sean Kramer, Zach Miller, Marshall Shaffer, Daniel Yip and Daniel Wolf; debt finance partners Yuli Wang, Melissa Hutson and associate Raghav Gupta; executive compensation partners Rohit Nafday and Daniel Rios; and tax partner Devin Heckman.
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