IK Partners (IK) is to invest in Sofia Développement Group (Sofia) via the IK Small Cap III Fund, joining existing shareholders Extens, Capital Croissance and Bpifrance to finance the acceleration of organic growth and acquisitions to come.
Financial terms of the transaction have not been disclosed.
Sofia is a leading e-health player in France and was created in 2019 following the merger of two software publishers, IDEA (Topaze and Télévitale) and SNAL (Albus).
IK’s investment will help accelerate Sofia’s growth and support its strategy to expand the offering beyond web and mobile tele-transmission towards a fully integrated digital practice management solution.