Code & Co.

Hero banner

Engagement — Platform Due Diligence

Code & Co. advises Extens on Tech and Product Due Diligence ahead of its investment in Medicore, an innovative and fast-growing developer of unique web-based interoperable electronic patient and client records (EHRs) and data-driven applications for healthcare.

Extens, the dedicated European software investor for healthcare, announces the acquisition of a majority stake in Medicore, a Netherlands-based company specializing in the development of a unique solution for mental health and youth care facilities. This marks Extens’s first investment outside of France, in line with its European expansion strategy.

Scope Of Work

Code & Co. advised Extens on Tech and Product Due Diligence through a detailed evaluation of Medicore’s software architecture, infrastructure, technology stack, and cybersecurity processes and policies. Following this, Code & Co. assessed Medicore’s product operations and strategy. The audit concluded with an evaluation of its R&D teams, software development lifecycle, and quality assurance processes.

About Medicore

Medicore is an innovative and fast-growing developer of unique web-based, interoperable electronic patient and client records (EHRs) and data-driven applications for healthcare. Medicore's software solutions significantly contribute to process improvement, enabling healthcare professionals to fully focus on providing care. The software’s user-friendly design and commitment to continuous improvement are highly valued by its customers, which include mental health institutions, youth care facilities, the medico-social domain, and specialist clinics. With more than 20 years of experience, Medicore is a key player at the intersection of healthcare and technology, helping to make healthcare more future-proof. Based in Utrecht, Medicore currently serves over 25,000 healthcare professionals. For more information, please visit: https://www.medicore.nl

About Extens

Extens is the dedicated European private equity software investor for healthcare. The team consists of 11 professionals from the private equity and healthcare industries. Leveraging its extensive knowledge of the software ecosystem for healthcare, Extens focuses on transforming promising companies into industry leaders by enhancing their value-creation potential. This commitment benefits not only the companies and their teams but also the broader healthcare system. To date, Extens has invested in 24 companies, including Enovacom, a publisher of interoperability software; Kayentis, software for collecting and analysing patient data for clinical trials; Teranga, a publisher of a business platform for the medico-social sector; and Sofia Développement, a provider of management solutions for the liberal paramedical professions and care centres. Val Solutions, Software for prevention and occupational health services. For more information, please visit: https://www.extens.eu