Dedicare AB (publ) (OM:DEDI) signed an agreement to acquire Optimal Medical Limited for £1.8 million on September 30, 2022. Optimal Medical Ltd. conducts doctor recruitment and staffing business in the UK, Ireland, and the UK's non-European territories, through its wholly owned subsidiary Templars Medical Agency Ltd., which will also be acquired as part of the deal. Under the terms of agreement Dedicare AB (publ) will pay £1.4 million in cash, and £0.4 million in 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. Francis Dalton,Ben Davis, Adrian Hackett,Claire Boyce and Dhruv Shah of Freeths LLP acted as legal advisor to Templars Medical Agency (UK) Limited.