Morneau Shepell, a global wellbeing company, is pleased to announce that it has completed the acquisition of all of the outstanding shares of SMG Health Pty Ltd through its LifeWorks business.
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“Together, we bring an unmatched range of services to corporate Australia, to achieve complete mental, physical, social and financial wellbeing for people everywhere.”
“This acquisition brings together two Australian companies with a common vision to deliver holistic mental health and wellbeing to their clients’ employees,” said Jamie MacLennan, managing director, Australia, LifeWorks. “Together, we bring an unmatched range of services to corporate Australia, to achieve complete mental, physical, social and financial wellbeing for people everywhere.”
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Morneau Shepell combines an award-winning employee assistance program (EAP) with best-in-class digital user experience and clinical support through its LifeWorks business to help employees through everyday issues and concerns about family, health, life, money and work. SMG’s services combine mental health services, physical wellbeing checks and social health programs to deliver improved individual and organisational performance and productivity.
“We saw Morneau Shepell’s wellbeing services and platform, plus recognised clinical strength, as the perfect fit for our business,” said Ian Shakespeare, chief executive officer, SMG. “We are very proud of the achievements and growth of SMG over the last few years. By joining Morneau Shepell, which is a leading global EAP company, we are excited to take our client experience to an even higher level.”