Kildare County Council’s Local Enterprise Office are delighted to congratulate their client company Equine MediRecord on securing an investment of €10 million from Chicago-based private equity firm Merit Holdings, through their Inova Group Holdings platform, which also previously acquired Business Infusions, the largest equine veterinary software group in the world.
The Equine MediRecord platform digitally records the medicines and vaccinations that are administered to horses. This investment will allow the company to drive the adoption of its platform across Europe, North America and the Middle East.
Equine MediRecord, which was founded by Pierce Dargan, Simon Hillary and Finlay Dargan in 2016, have been supported by Kildare’s Local Enterprise Office in growing this from an idea to a scalable cloud-based software platform.
Equine MediRecord were successful county and regional winners in the Ireland’s Local Enterprise Best Young Competition. At different stages of business development, LEO Kildare supported the company with priming, business expansion and export marketing grants. They have benefited from ongoing training and mentoring throughout their business journey, and most recently participated in the Global Ambition Programme with LEO Kildare.
The Equine MediRecord platform has now been approved by regulators in several countries including the UK, France, the US and most recently in Saudi Arabia.
“We are so proud of Pierce, Simon, and Finlay. This has not been an overnight success with huge legislative and compliance obstacles to overcome across multiple geographies, but with the support of the Local Enterprise Office Equine MediRecord is well on their way to being the leader in global markets” said Jacqui McNabb, Head of Enterprise and Economic Development, Kildare County Council.
For more information on what the Local Enterprise Office can do to support your business journey visit www.localenterprise.ie/Kildare