Berlin-based HealthTech startup doctorly, which developed Germany’s first fully cloud-based, VC-backed and regulated practice management software, has been acquired in full by FREY ADV, a longstanding software provider in the German healthcare market.
The 100% share-deal marks a turn of events for the startup, which today announced the withdrawal of its insolvency application.
“doctorly has successfully been sold to FREY ADV, who have purchased 100% of the organisation in a share-deal,” said CEO and Co-founder Samir El-Alami in a public statement. “FREY has been building software for German healthcare over the past 35 years & is one of the leading software suppliers in Germany, serving thousands of customers. The German…