Morneau Shepell completes acquisition of SMG Health Pty Ltd
Summary
“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.” 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. “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. Our focus is providing world-class solutions to our clients to support the mental, physical, social and financial wellbeing of their people. The alignment in values, innovation, and best practice, and the existing global footprint and market recognition of Morneau Shepell will advance the necessary development of employee and organisational wellbeing now and well into the future.