STUART, FL--(Marketwired - May 26, 2015) - Paquin Healthcare Companies ("Paquin"), a fully integrated digital solutions company specializing in end-to-end ecommerce for the healthcare industry, today announced that the Company has successfully raised aggregate funding of $2.6 million in association with a private placement transaction with several qualified, accredited investors and through the Florida New Market Tax Credit Program. The accredited investor group was comprised entirely of physicians and other healthcare industry professionals. All of the physician investors have also agreed to serve on the Company's Medical Advisory Board.

The funds raised will continue to support ongoing expansion of Paquin's subsidiary, iRemedy Healthcare, which has developed a proprietary, highly secure, HIPAA-compliant supply chain management solution for the healthcare market place. More specifically, the iRemedy platform provides for:

  • Sourcing of consumer healthcare products and medical supplies;
  • Processing and shipping of orders;
  • Turnkey operation of B2B and B2C ecommerce and specialized transaction systems;
  • Management and delivery of high touch customer service; and
  • Comprehensive real-time reporting and back-end data analysis.

Paquin CEO & President Tony Paquin stated, "This latest round of financing will fuel continued enhancements of the iRemedy platform so that we are best positioned to meet the scaling and performance expectations of our fast growing client base."

In other news, Paquin announced that it has engaged the investment banking firm of Florida-based Capital Road, LLC to provide strategic corporate advisory and institutional investment banking services to Paquin Healthcare. Led by its founder and CEO, Kevin Gordon, Capital Road is a full service, value-based investment banking and business advisory firm headquartered in Coral Gables, Florida and affiliated with StillPoint Capital, LLC, a Member firm of FINRA and SIPC.

About Paquin Healthcare Companies, Inc.

Headquartered in Stuart, Florida, Paquin Healthcare Companies, Inc. is nationally recognized as the incumbent leader in the delivery of "Retail Healthcare" products, end-to-end distribution and fulfillment services and innovative Digital Health solutions. Paquin Healthcare, through its subsidiary iRemedy Healthcare, offers comprehensive, ecommerce-driven B2B and B2C solutions that deliver new forms of consumer-centric, high margin retail revenue streams; material cost savings on medical equipment and supplies; and improved consumer/patient engagement to leading hospital systems, insurance companies, physician groups and other major healthcare-related institutions in North America.

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