Newbridge, August 11th 2022 – Equine technology company Equine MediRecord was visited yesterday at their offices at Eyrefield House Stud by Colm Markey MEP to discuss their expansion plans for Europe following the closing of their eight figure investment last week.Equine MediRecord closed an investment for an undisclosed eight figure amount, thought to be just over €10 million, to drive adoption of its equine welfare and anti-doping platform in Europe, North America and the Middle East. The company also plans to expand its growth and operations team.
(Left to right) Pierce Dargan, Equine MediRecord Chief Executive Officer, Colm Markey MEP and Alan Flynn, Baroda Stud, being shown some of the horses at Eyrefield House Stud
The investment came 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. Business Infusions is the owner of a number of equine technology products including Hospital Veterinary Management System, Cassadol Equine and Signature Veterinary Practice Management Software. Equine MediRecord will also join the Business Infusions group.
Founded by Pierce Dargan, Simon Hillary and Finlay Dargan in 2016, Equine MediRecord is a previous winner of Tangent’s Trinity Launchbox in 2017. It is now headquartered on The Curragh, in Kildare, and has been supported by the Kildare Local Enterprise Office, and Enterprise Ireland. The Equine MediRecord platform has gained a lot of international traction in Ireland, the United Kingdom, The United States and Saudi Arabia with clients such as the Breeders Cup World Championships, The Saudi Cup and the American Classic Preakness Stakes.
Colm Markey MEP after visiting Equine MediRecord said “It was great to hear about the expansion plans in the coming period for Equine MediRecord and to discuss wider issues within the equine industry. I am always delighted to see Irish start-ups flourish on a global scale.”
Pierce Dargan, Chief Executive of Equine MediRecord agreed stating “It’s great to be supported and discuss our plans with Colm about how we plan to help horse farms from across Europe comply with the latest equine welfare and anti-doping protocols. Regulations continue to change as we learn more about the best ways to ensure the welfare of our horses. These changes can come at a European level so it is extremely important to be able to know and keep up to date with these changes for our customers”
Equine MediRecord (EMR) develops, sells and maintains the first software platform to be approved to replace the paper regulatory documentation that is required to be kept by horse farms to ensure equine welfare & anti-doping regulations are followed. The EMR platform has been approved by the relevant government departments and currently operates in Ireland, U.K. , France, Saudi Arabia and USA. EMR has amassed clients such as Arabian Racing Organisation, Kentucky Thoroughbred Association (KTA), Thoroughbred Owners of California, Breeders Cup World Championships, Maryland 5 Star, Jockey Club of Saudi Arabia and 1S/T Racing for American Classic Preakness Stakes and Pegasus World Cup. EMR secured an 8 figure investment from Merit Holdings and joined their Business Infusions Group in 2022