EdTech Pastest has acquired Medics’ Money, marking a significant milestone in the company’s long-term growth strategy.
The acquisition brings together two established organisations serving doctors at different stages of their professional journeys.
Pastest has spent more than five decades supporting healthcare professionals through high-stakes examinations and assessments, while Medics’ Money has become one of the UK’s leading financial education platforms for doctors.
The deal represents a significant step in Pastest’s ambition to build a broader healthcare professional platform, supporting clinicians through education, career progression and financial wellbeing.
Founded in 1972, Pastest has grown from a family-run publishing business into one of the UK’s most established healthcare education providers.
Today, the company supports around 50,000 healthcare professionals each year through its educational products and services.
Medics’ Money is a financial education platform created by doctors for doctors.
Founded by Dr Tommy Perkins and Dr Ed Cantelo, Medics’ Money helps healthcare professionals make better financial decisions through educational content, courses, resources and access to specialist advisers.
Pastest chairman Hugh Campbell, who is a founder partner of UK tech investment bank GP Bullhound, said: “At the heart of Pastest has always been the desire to improve the life of a doctor.
“If we can be a small but positive part of that journey, then doctors, patients and society at large will be in a better place.
“Three of the most stressful areas in doctors’ lives are passing exams, getting a job and managing their finances.
“Our vision is to provide support across all three of these areas, and through the acquisition of Medics’ Money, we move neatly into financial education and support.”
Campbell added: “At first glance, exam prep and financial education might seem like separate worlds.
“But when you look at the real life of a doctor, they’re very closely connected.
“Doctors don’t lack content. What they lack is direction. They want to know what they should focus on now, what matters and what they should do next.
“Medics’ Money does that incredibly well in the financial space, helping doctors understand the next decision in front of them and giving them the confidence to act.”
Dr Tommy Perkins, co-founder of Medics’ Money, said: “Over the last eight years since we founded Medics’ Money, we’ve helped thousands of doctors make better financial decisions.
“We wanted to help doctors improve their financial wellbeing and make better decisions about their futures.
“Joining Pastest allows us to continue that mission and help even more healthcare professionals.”