Morneau Shepell, a technology-enabled HR services provider, has recently completed the acquisition of all SMG Health Pty Ltd.’s outstanding shares, via its LifeWorks business.
Morneau Shepell offers an integrated approach to wellbeing of employees through its cloud-based platform by consistently focusing on offering world-class HR solutions. Its approach spans services across investment, actuarial, retirement consulting, pension & benefits administration, recognition, health & wellness, and employee & family assistance services. On the other hand, SMG Health has maintained around 35 years of experience from leading corporate health brands in Australia and globally, with above 2 decades of workplace psychology services to provide holistic and tailored health management solutions.
Morneau Shepell’s LifeWorks business brings together its outstanding EAP (employee assistance program) with the best-in-class digital user experience & clinical support. LifeWorks helps employees by assisting them in solving various concerns and issues related to health, work, finances, and others. Furthermore, the services offered by SMG Health can combine social health programs, physical wellbeing checks, and mental health services to provide enhanced individual and organizational productivity and performance.
As per the statement made by LifeWorks Managing Director, Australia, Jamie MacLennan, the latest agreement will merge the two companies in Australia that share a common vision of offering holistic mental health & wellbeing services to their clients’ employees. With the acquisition, he stated, they will bring an unmatched range of services to ensure the delivery of a complete physical, mental, financial, and social wellbeing for people across the globe.
According to SMG Health’s Chief Executive Officer, Ian Shakespeare, the company is aware of the fact that Morneau’s wellbeing services and platform, along with its recognized clinical strength, is a perfect fit for its business. It has attained significant achievements and growth over the last few years. By collaborating with Morneau Shepell, he said, the company will be capable of ensuring enhanced customer experiences.