The Eight Advisory UK Team provided buyside financial & tax due diligence and tax structuring advice to August Equity portfolio company Agilio Software on its acquisition of CARAGON

Established in 2015 by Garron Mosley and Tony Rudden, CARAGON was created as a platform to deliver cost-effective, efficient and automated solutions to free up company resources and enable customers to consolidate their data and gather actionable insights. CARAGON’s proposition is further enhanced by its integration with Practice Management Systems, NHS, insurance/plan providers and accounting software, meaning less manual data entry, saving time and reducing the margin for error.

CARAGON provides three market-leading solutions to the dental sector with their Automated Associate Pay, Finance Automations and Dental Dashboards. Over 10,000 associate dentists are paid every month using the CARAGON FLEX central online system which automates the complex process of determining associates’ pay, saving practices up to 90% on monthly processing time. CARAGON’s Finance Automations eliminate the need for unreliable and time-consuming spreadsheets, while their Dental Dashboards help businesses uncover insights that can drive growth and improve performance.

Agilio Software’s latest acquisition continues the group’s rapid growth to become the UK’s leading provider of software and services to transform the operations of healthcare practices. Backed by August Equity, Agilio offers software and support to over 100,000 dental practitioners, 4,000 GP practices and hospitals to enable the efficient and safe delivery of healthcare, including risk and compliance management, e-learning, people and asset management.

Eight Advisory’s involvement in this transaction:

Financial due diligence

• Rupert Templeman, Ya Wang and Jacob Osborne.

TAX due diligence

• Dean Lake, Tom Sykes and Ross Cornick.