Friday 26 March 2021

Leading Irish equestrian firm Horseware Ireland attracts significant investment from Lonsdale Capital Partners

RDJ, working with Burness Paull in the UK, advised Lonsdale Capital Partners, a UK private equity group, in respect of the Irish aspects of a significant investment in Horseware Ireland, a highly successful equestrian products company.

The investment is expected to accelerate growth and expand the global market presence of Horseware Ireland, a leading producer of branded equestrian and pet products including rugs, clothing, therapies and accessories. Founded in 1985 by entrepreneur Tom MacGuinness and his wife Carol, the company employs over 500 people globally, with annual revenues in excess of €40m and facilities that are wholly and directly owned and managed by the company in Ireland, the USA, China and Cambodia.

Ross Finegan, Partner, Lonsdale Capital Partners, said: “We have long admired the achievements and success of Horseware Ireland which has a unique heritage and a justifiable reputation for high performance equestrian products. I am delighted that Lonsdale can support the further growth and development of this impressive company and I congratulate Tom and Carol MacGuinness, their family and management on this development. I’m looking forward to working with Mark Saunders and his management team to continue this home grown Irish and international success story.”

RDJ Corporate Partner Gillian Keating advised on the transaction supported by Margaret Ring (Real Estate), Brian Quinn (Banking and Finance), Maria Walsh (Corporate), Elena Vassileva (Corporate), Mark Ludlow (Tax), Michelle Ryan (Employment), Georgina Wallace (Real Estate), and Carol Long (Corporate Compliance).

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