Foot Anstey advises Agilio (formerly Code/Isopharm) on two acquisitions
2 min read
The Private Equity team at national law firm Foot Anstey LLP has advised Agilio Software on two acquisitions. Matt Stoate, Head of Corporate, and Emma Clayton, Associate, led the team who advised on both acquisitions. Agilio Software is a leading provider of compliance and HR software into the dental and wider healthcare market and is backed by August Equity.
Foot Anstey worked to deliver smooth transactions for Agilio Software, enabling the company's next stage of growth, further building on its position in the marketplace as a leading advisor for Private Equity firms and their portfolio companies on bolt-on acquisitions.
The first acquisition acquired INICA's specialist cloud-based dental software modules. The modules are specifically designed as an integrated set of tools for dental practices to manage all aspects of practice operations, whilst providing a full suite of group reporting.
Simultaneously, we were also working together on the acquisition of MyHRtoolkit.
MyHRtoolkit empowers small and medium sized enterprises with easy-to-use, highly secure HR software, which reduces the administrative burden and manages legal compliance. The acquisition by Agilio Software will offer MyHRtoolkit access to considerable new markets, skills and financial resources, accelerating its development.
Matthew Stoate, Head of Corporate and Partner at Foot Anstey, said: "The growth Agilio has generated over recent years is extraordinary, so we were excited to be able to support them and advise their team on two high-level acquisitions. We look forward to continuing to build on our relationships with Agilio, August Equity and its other portfolio companies"
Christian Dubé, Partners at August Equity, said: “The combination of cloud-based compliance, HR and CPD training modules has been a huge success for Agilio enabling best-in-class management of dental and GP clinicians and practices of all sizes. The addition of Inicia’s HR modules and MyHRtoolkit provides the group with an enhanced roster of services that will support Agilio’s future growth and expand its reach and capabilities.”