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AUB Group’s national risk services footprint accelerates with equity partner Altius Group acquiring leading Western Australian business, PeopleSense.

Announcement posted by AUB Group Limited 24 Aug 2016

Sydney, 24 August, 2016:  AUB Group Limited (ASX:AUB) total risk solutions strategy accelerates with its equity partner Altius Group today announcing the acquisition of Western Australian based injury management and psychological services business, PeopleSense Pty Ltd.
AUB Group, has long signalled its intention to expand its geographic footprint and this new acquisition by Altius Group is further evidence of progress towards its vision of becoming the leading total risk solutions partner to businesses across Australia.

PeopleSense are recent winners of the 2016 Telstra Western Australian Business of the Year award and Western Australian Small Business of the Year award. They have substantial capabilities in providing return-to-work, employee assistance program (EAP), counselling and injury prevention services. Their client base is spread across insurers, government departments, large corporations and not-for-profit organisations. The firm employs 70 allied health professionals and is one of the largest private employers of clinical psychologists in Western Australia.

“With demand for our services extending across Australia we were keen to partner with a firm that reflected our values on quality outcomes and service to clients. The Altius Group was the logical fit for PeopleSense in its culture and investment in people. Together we are in a strong position to give best results to our national clients and extend services into new areas of healthcare,” said Director of PeopleSense, Darrin Brandis.    

“We are very pleased to be partnering with a firm of PeopleSense’s capabilities. The Altius Group has always stood for quality, innovation and integrity therefore the partnership with PeopleSense is a meeting of cultures and values which will continue to lead the industry and benefit our clients.  The fit with our own growing business and complimentary nature of skills and people will result in a stronger national footprint for our combined group to deliver high quality outcomes to the occupational health sector.  We look forward to what we will achieve together,” said Derick Borean, Altius Group Chief Executive.

Commenting on the acquisition, AUB Group CEO and Managing Director, Mark Searles said "In the risk services sector, AUB Group has already partnered with a number of Australia’s best performing companies.

“With the Altius acquisition of Western Australian based PeopleSense, we further expand our capacity to offer total risk management outcomes to clients, a cornerstone of our ambition to be Australia’s leading risk management group,” Searles added.

For all media enquiries please contact:
Vanessa Lyons, Head of Marketing, AUB Group
+61 3 9236 6203 or +61 474844420
vanessal@aubgroup.com.au