Acquisition of Spalding Laboratories

The Equine Network (“Equine Network”), the market leading tech-enabled membership services platform to the $130 billion U.S. equine industry, acquired Spalding Laboratories (“Spalding”), a leading provider of all-natural insect control services to more than 60,000 horse and animal owners on a recurring annual basis across the U.S. The acquisition was completed with financial support from mid-market private equity firm Growth Catalyst Partners (“GCP”).