Cruinn Diagnostics is a distributor of clinical laboratory diagnostic equipment and consumables to hospitals and independent testing laboratories.
Over the last 20 years, Cruinn Diagnostics has grown to be a leading independent distributor of medical diagnostic consumables and capital equipment to laboratories across Ireland. The company has longstanding relationships with leading blue-chip diagnostic suppliers and sells to a blue-chip customer base. Cruinn was looking for a partner to support its organic expansion plans into new diagnostics areas and through acquisition. MML Ireland invested alongside MD Jack Nolan, Clinical Sales Director, Vinny Foley and Technical Director, Peter Hussey - who all reinvested materially - and created a significant equity pot for the wider management team. The deal completed in January 2022 and MML Ireland is excited to support an ambitious expansion plan.
Location: Ireland, Dublin
Total raised: $13.59M
Investors 1
| Date | Name | Website |
| - | MML Growth... | mmlcapital... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 16.12.2021 | - | $13.59M | MML Growth... |
Mentions in press and media 1
| Date | Title | Description | Source |
| 15.12.2021 | MML Takes Control Of Cruinn Diagnostics | MML Growth Capital Partners has announced investment in Cruinn Diagnostics that will see it acquire ... | businesspl... |