Equine MediRecord Guaranteed investment for business expansion
Equine MediRecord has closed an investment with Chicago-based private equity firm Merit Holdings for an undisclosed eight-figure sum to drive adoption of the anti-doping and equine welfare platform in Europe. , North America and the Middle East, the company announced early Thursday. morning. A plan is also underway to expand the equine tech company’s operations and growth team. The investment comes from Merit Holdings through their platform Inova Group Holdings, which also previously acquired Business Infusions, the largest equine veterinary software corporation in the world.
Pierce Dargan, who founded the company with Simon, said: “It is great to have the support of the Inova Group and Business Infusions and they believe in our goal of promoting horse welfare and anti-doping best practices. by driving the adoption of our Equine MediRecord platform. Hillary and Finlay Dargan in 2016. “This grant will help us bring our foundation to more horse farms and equine events to ensure equine welfare best practices are being adopted. used in Europe, North America, the Middle East and beyond.”
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This story was posted in Europe, News shared in Europe and tagged business expansion, Equine MediRecord, horse technology company, equity, FINlay Dargan, Inova Group Holdings, investment, Merit Holdings, Pierce Dargan, Simon Hillary.