CBPE Capital (“CBPE”) has acquired OH Assist from Atos IT Services UK. Terms of the transaction have not been disclosed.
OH Assist is one of the leading occupational health services providers in the UK delivering both occupational health services and employee advisory programmes to government organisations and corporate clients. The business delivers a comprehensive range of services including health surveillance, vocational rehabilitation, mental health and trauma support, absence management and wellness programmes, as well as a full range of diagnostics and treatments. OH Assist employs over 300 occupational health practitioners based throughout the UK and in 2015 provided health advice and assessment services to support over 1 million employees.
OH Assist is focused on helping organisations deliver Healthy High Performance™ – working in partnership with clients to create a workplace culture that recognises employee wellbeing as being at the heart of business success. Applying multidisciplinary expertise and deep industry knowledge, OH Assist’s clinicians work with UK and international clients from many market sectors, including financial services, manufacturing, media, retail, transport, logistics and utilities.
CBPE is backing management’s expansion plans to further build on OH Assist’s market-leading position, providing an increasingly enhanced suite of services for clients. CBPE is also investing a significant amount of development capital to further improve the operating and workflow platform thereby improving the client experience.
CBPE’s investment in OH Assist continues its strong track record in supporting the healthcare sector and helping to build strong, sustainable businesses. The current portfolio includes Medica Reporting which is the market leader in teleradiology and Assisted Reproduction & Gynaecology Centre (ARGC) the leading fertility clinic in the UK.
Anand Jain, Partner, CBPE said: “We look forward to working with the OH Assist management team to support them in their growth plans. OH Assist has clear value added services, providing strong and demonstrable return on investment to clients via enhanced productivity through a healthier and more motivated workforce. The occupational health market has good demand drivers driven by employers wishing to ensure that their employees can access the right healthcare services and advice on a timely basis.”
Lisa Allan, CEO of OH Assist said: “I believe that in CBPE we have found the right partner to help us grow and develop our business. They quickly demonstrated a genuine and deep understanding of the business and the importance of providing a high quality clinical service which is market leading. I am very confident that in partnership with CBPE we can further enhance our product offerings and continue to provide an increasingly valuable service to our clients and their employees.”
