NORDHEALTH 31 January, 2022 -Nordhealth AS , the cloud-based practice management software provider for both the animal and human health industries, today announced it has completed its acquisition of EasyPractice, a leading cloud-based practice management software provider for therapists. Founded in 2012 inCopenhagen, Denmark by Emil Højbjerg andBo Møller , EasyPractice helps therapists easily manage bookings, invoices, and journals. EasyPractice (easypractice.net) is used daily by thousands of therapists acrossDenmark and 20+ other countries, and has helped serve more than 1 million patients. "EasyPractice is a great company with an amazing product, a talented team, and an incredibly passionate community," saidCharles MacBain , CEO, Nordhealth. "Our strategy is to transform Nordhealth products from sales-led and requiring manual onboarding to fully product-led and self-service. We look forward to learning from our new colleagues at EasyPractice about their experiences building and supporting a self-service practice management software with an intuitive platform." "Today marks the beginning of an exciting new chapter for EasyPractice, one where we will be able to accelerate our mission and help more people than ever," saidBo Møller , Co-Founder of EasyPractice. "As part of Nordhealth, we will be able to advance our international expansion and product offering," adds Emil Højbjerg, Co-Founder of EasyPractice. Oliver Lindebod, the COO of EasyPractice adds; "We've been doing our best to build a business that provides exceptional service and a great product to clinics and therapists and I'm thrilled that we'll now get to work with another of the suppliers in the market who takes quality, customer service, and product development seriously." With EasyPractive, Nordhealth will gain a leading position in the Danish therapy software market and an affordable and intuitive solution that can be used by therapists internationally. As part of Nordhealth, EasyPractice will be well -positioned to extend its mission of improving the work life of therapists. EasyPractice will operate independently under the EasyPractice brand, driving forward a continued focus on its mission, customers, and community. It will continue to be led by founders Bo and Emil and the current leadership team. Nordhealth will purchase EasyPractice for a total price ofDKK 110 million which consists ofDKK 80 million in cash upfront, subject to working capital and other adjustments and an additional contingent earn-out of up toDKK 30 million , based on the achievement of certain performance metrics in 2022. Nordhealth intends to schedule an investor group Q&A call on the acquisition of EasyPractice on Wednesday the 2nd of February, 2022 at2pm CET hosted by CEO,Charles MacBain . Please use the following link: https://us02web.zoom.us/j/88323635925 The presentation will be recorded and made available on www.nordhealth.com. For further information, please contact:Charles Macbain , CEO charles.macbain@nordhealth.com About Nordhealth Nordhealth is a publicly listed, fast-growing cloud-based healthcare SaaS company on a mission to redefine digital healthcare. We build software that empower veterinary and therapy professionals to provide the best possible care experiences to their patients. Our products serve more than 30,000 veterinary and therapy professionals across 7,000 clinics and hospitals located in over 25 countries. Headquartered inHelsinki, Finland , Nordhealth has a solid footprint in the Nordic region and a growing presence internationally, with more than 250 employees working either remotely or from offices (collaboration hubs). For more details visit the company's website at nordhealth.com.
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