Business Infusions
👤 Scott Pickard (Pickard managed the 26-vet horse hospital that built HVMS for itself — then sold peers software proven in his own practice.)🌐 siteLinkedIn
One horse hospital's billing mess became the software most of the world's top equine vets now run on.
Will it work? · our read
Niche and durable. A 20-person shop became the world's largest equine-vet software by selling the tool its own horse hospital already ran, then growing on referrals in a tight community.
01How the money moves
Equine hospital builds HVMS for its own records and billing
→
Peer horse vets adopt it via word-of-mouth referrals
→
Practices pay recurring SaaS fees for HVMS
02The numbers
400+ vet practicesStatedrevenue never disclosed
2022
Founder-stated on Practical Founders (2022); revenue never disclosed. HVMS About
Founder-stated practice count; company revenue never public.
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See a full teardown, free → Transistor.fmSourcesSources last checked 28 July 2026
Practical Founders #22 — Scott Pickard interview: states "over 400 sizable veterinary practices all over the world," 20 employees, founded 2006, acquired 2021.HVMS About page: origin inside Moore Equine, a 26-vet hospital led by Dr. Greg Andrews; leading equine software in North America.Business Infusions: company site and product family (HVMS, Cassadol, Equine MediRecord).Business Infusions on LinkedIn: Calgary, Alberta; equine practice-management software.
Revenue was never disclosed. Business Infusions is privately held and was acquired all-cash by Merit Holdings in 2021 (run as a standalone under Inova Group), so current financials are private. No third-party revenue estimate is defensible, so none is headlined. The headline is the founder's own figure — "over 400 sizable veterinary practices all over the world" with 20 employees — stated by founder/CEO Scott Pickard on the Practical Founders podcast (2022), consistent with the company's About page calling HVMS the leading equine practice-management software in North America. Founded 2006 inside Moore Equine, a 26-vet hospital whose team (led by Dr. Greg Andrews) built the original software; funded from that practice plus a little angel money, then customer revenue as a profitable business. verified:false — a first-party count, not audited and not a revenue figure. We never score you.