Private equity firm August Equity’s portfolio company Agilio Software has acquired MyHRtoolkit.
Sheffield-based MyHRtoolkit’s HR platform provides day-to-day HR functions for small and medium-sized businesses and is used by more than 1,250 customers.
London-headquartered August Equity initially invested in the Agilio Group with the acquisition of Code in 2019, a provider of compliance and HR software for the dental market. Last June Agilio added Isopharm, a provider of online continuing professional development for the dental market, and validation and testing software for a range of healthcare providers.
Mike Biddulph, partner at August Equity said: “The acquisition of MyHRtoolkit further demonstrates Agilio’s position as an acquisitive healthcare software platform, enhancing its HR services in the dental market and extending its reach into adjacent healthcare verticals.”
Christian Dubé, partner at August Equity, added: “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 clinicians and practices of all sizes. MyHRtoolkit provides the group with an enhanced roster of services that will enable Agilio’s reach to expand beyond dentistry.”
Date published: May 4, 2021