Skindoc, an online dermatologist based out of the UK, has been officially acquired by Norwegian private healthcare provider Dr. Dropin.
The deal comes after Dr. Dropin had initially bought a majority stake in Skindoc earlier this month.
Dr. Dropin expects the acquisition to spearhead plans to expand its Norwegian business model into the UK.
In Norway, the company focuses on "instant" health care access at "affordable" and fixed price points, with services offered through both digital and physical clinical points of contact.
The service is available in every major Norwegian city; incorporating general practitioner doctors, physical therapists, psychology, dermatologists and other medical specialties.
Skindoc was founded in mid-2020 by dermatologists James Denny and Sreedhar Krishna. It offers treatments for dermatological conditions such as acne, and also provides outsourcing services to UK public health boards.
The Skindoc brand will continue to be operational following Dr. Dropin's acquisition.
Daniel Sørli, Co-CEO and Founder of Dr. Dropin, said: "Dr. Dropin has a long-term plan of investing and expanding internationally, and the acquisition of Skindoc is a step in the right direction. Skindoc has a knowledgeable medical team and a good business model."
Skindoc's James Denny and Sreedhar Krishna added: "We are excited to work with Dr. Dropin and feel confident that we can reach our ambitious goals for growth together.
"Dr. Dropin has valuable expertise within sustainable and innovative solutions in the private healthcare market, making them the perfect partner for us."