CODE completes acquisition of IsopharmNews
Posted by: The Probe 25th June 2020
CODE has completed the acquisition of Isopharm, which brings together the market-leading compliance platform with the largest provider of online CPD for dental practitioners into a single entity.
Established for over 20 years, Isopharm is the leading provider of online CPD with over 60% of all dental practitioners using their innovative solutions to meet the mandatory requirements for continuous development. The business also provides software and services for validation and testing to a broad range of healthcare providers.
Neil Laycock, COO of the CODE Group, highlighted the significance of the acquisition, saying: “The addition of Isopharm represents the next step in creating the dental industry’s leading solution for practice operations. The breadth and reach of the combined company is unmatched in the industry and creates an exciting platform for innovative services.”
Karen Penfold, Managing Director of CODE, who will head up the new combined business, said: “CODE’s iComply is already the most widely used solution for compliance management for dental practices in the UK. The acquisition of Isopharm will be a major addition to our recently launched solutions for people management in dental practices. The integrated solution will bring major benefits to our clients; from attracting new staff, improving staff engagement and retention, and ensuring skills and process compliance in a single solution”.
Founder of Isopharm Andrew Kemp joins the CODE management team, commenting: “CODE is the perfect platform for the next stage of innovative solutions we had planned at Isopharm, we are delighted to be joining forces”.
August Equity invested in CODE in 2019 and have been instrumental in the acquisition of Isopharm. “August Equity’s market knowledge, broad network in the dental and healthcare sector and prior experience in creating industry leaders has been very important in getting to this stage of CODE’s development, we continue to be excited about building on this start and extending the reach of the Group into more healthcare segments,” said Dr Sati Sian, Chairman of CODE Group.
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