SmartPak Equine

SmartPak Equine specializes in delivering tailored equine health solutions, offering a wide range of supplements and products designed for optimal horse health and performance. Founded in 1999, SmartPak Equine is based in Plymouth, US, and focuses on providing customized equine health supplements through its innovative SmartPak system. In May 2014, the company received a Growth funding round of USD 25. 00 mn led by Guidepost Growth Equity, raising the total amount raised to USD 25.

00 mn. The company has completed 3 deals, with the most recent deal occurring on May 22, 2014, when Henry Schein Animal Health acquired a 60% stake in SmartPak. SmartEquine™ offers a comprehensive selection of horse supplements that target essential health needs, including digestion, joint care, hoof health, and immune support, using their convenient SmartPak system. They also provide various equestrian products such as grooming supplies, tack, apparel, and health care items, primarily serving horse owners, trainers, and stables throughout North America and selected European markets.

In 2013, SmartEquine™ reported revenue of USD 105. 00 mn, utilizing a direct-to-consumer model primarily through its online platform. The company operates an AutoShip subscription service that allows customers to receive regular shipments of selected supplements, enhancing customer retention and predictability in revenue flow. Looking ahead, SmartPak plans to introduce new product lines designed to enhance equine wellness, with specific launches expected in the next fiscal year.

The company is also targeting expansion into additional markets in Europe by the end of 2015, leveraging the recent Growth funding of USD 25. 00 mn to support product development and market entry initiatives. The strategic acquisition of a 60% stake by Henry Schein Animal Health will further enable SmartPak to enhance its operational capabilities and expand its product offerings.