STOCKHOLM, Sept. 30,
2022 /PRNewswire/ -- Dedicare signed an
agreement today to acquire UK recruitment and staffing company
Templars Medical Agency Ltd. This company recruits and provides
doctors for customers in the UK and Ireland. The acquisition will complete on 1
October 2022.
"Acquiring Templars Medical Agency is fully consistent with
Dedicare's growth strategy and vision of becoming one of
Europe's leading recruitment and
staffing companies in healthcare, life sciences and social work. It
will further consolidate our positioning in Europe, but first and foremost, bring us a
platform in the UK and Ireland,"
commented Krister Widström, CEO of Dedicare.
"It will offer an opportunity for our consultants in the Nordic
region to take on assignments in England, Scotland and Ireland, as well as UK territories outside
Europe like the Falkland Islands, Gibraltar and St.
Helena," continued Mr. Widström.
"I am delighted that Templars is joining the Dedicare Group.
Dedicare will provide the support, resources and skills to enable
us to continue the rapid growth we have been enjoying and to
further develop the business. It is clear from discussions with
Dedicare that we share the same values and ethics of our new owner,
we will continue our exciting journey and drive the business
forward together," responded Fiona
Thompson, CEO of Templars Medical Agency.
The initial purchase consideration for the acquisition of
Templars Medical Agency is £1.8 million, with £1.4 million paid in
cash, and £0.4 million in Dedicare shares through a non-cash issue.
A contingent consideration has been agreed, based on Templars
Medical Agency's earnings performance in the years 2023-2024. After
a period, the Templars Medical Agency brand will change name to
Dedicare.
Dedicare in brief
Dedicare is the largest recruitment and staffing company in
healthcare, life sciences and social work in the Nordic region,
with operations in Sweden,
Norway, Denmark and Finland. Dedicare provides and recruits
doctors, nurses, social workers, psychologists and specialists in
life sciences for customers in the private and public sectors. The
group has been operating since 1996, has been listed on Nasdaq
Stockholm since May 2011, and has
sales of approximately SEK 1.3
billion with over 1,000 staff. Read more about Dedicare at
www.dedicare.se.
Templars Medical Agency in brief
Templars Medical Agency is currently active in recruitment and
staffing doctors in the UK, Ireland and UK territories outside
Europe. The company was founded in
2015, and its sales were approximately £3.6 million for the split
financial year 2021/2022, with an operating margin of 11%. Read
more about Templars Medical Agency at www.templarsmedical.com.
For more information, please contact:
Krister Widström, CEO of Dedicare Group, tel. +46 (0)70 526
7991, krister.widstrom@dedicare.se
Fiona Thomson, CEO of Templars
Medical Agency, tel. +44 (0)7799 202024,
fiona.thomson@templarsmedical.com
This information is mandatory for Dedicare AB (publ) to publish
pursuant to the EU Market Abuse Regulation (MAR). The information
was submitted for publication through the agency of the above
contacts on 30 September 2022 at
8 a.m. (CEST).
This information was brought to you by Cision
http://news.cision.com
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