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xnos’ largest investment helps keep the UKs 1.3 million horses in the best of health

EPLA 05

 

An equine health company which provides an innovative Intelligent Worming service for horse owners has received a 610,000 investment from a xnos business angel.  

Carmarthen-based EPLA will use the investment to build a bespoke diagnostic laboratory and accelerate its growth.  EPLA estimates that there are over 70,000 horses owners in the UK and the equine worming treatment market is valued at 75 million-a-year. 

EPLA, which is the only provider of such a service in the UK, designs individual worming programmes for horses and delivers the treatment at the right time.  Founder, Diane Gilby developed its service in partnership with the University of Liverpool.

Our service is revolutionising equine healthcare by making it easier to administer an effective worming programme.  Weve developed a convenient, cost-effective service that provides peace of mind for horse owners and were already treating over 6,000 horses, explained EPLAs Managing Director, Graham Williams.

Fewer than 10% of owners are worming their horses correctly and with our Intelligent Worming service we can assess a horses worm infestation, carry out a risk assessment, devise an appropriate worming programme and automatically despatch treatments at the right time.

EPLA has previously received investment from two xnos angels, including Robin Williams who has made this latest investment. 

Commenting on his latest investment, Williams said: I was keen to increase my investment in EPLA because it provides a unique service aimed at the large animal health market.  Demand for the companys service is growing and there are also some exciting plans for the future.  They say the UK is a nation of horse lovers and EPLA has come up with a great service to make sure UK horses stay in the best of health.

Gilby was keen to secure investment for EPLA from an angel who could also play a part in developing the business, so she approached xnos, the Wales Business Angel Network.

Colin Lucas, xnos manager said: This is our largest investment to date and its an excellent example of xnos in action.  Weve matched a great business with an angel who has invested twice and has the skills to help the company grow.  Id urge other businesses to contact us to see whether or not they could benefit from angel investment.

EPLA estimates that there are over 1.3 million horses in the UK and the market for equine wormers and faecal egg counts is valued at 75 million-a-year.

Visit EPLAs online shop www.intelligentworming.co.uk.

 

About xnos, the Wales Business Angel Network

xnos, the Wales Business Angel Network brokers deals between business angels (high net-worth private individuals) and businesses seeking investment. The network, a subsidiary of Finance Wales, has facilitated over 16.8 million private investment in 168 Wales-based businesses since its formation in 1997.  In 2010/11, xnos facilitated approx. 2 million private investment in 24 Wales-based businesses.  xnos investors fund all stages of development from early stage through to expansion, acquisition and turnaround.  To find out more about xnos visit www.xenos.co.uk.

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