LifeWorks, a leading provider of in-person and digital total wellness solutions, has announced the acquisition of Ascender, a leading provider of psychological services in the field of employee health and wellness.
Acquisition highlights include:
Based in the Netherlands, Ascender’s highly experienced team of 38 employees and approximately 40 freelancers will join LifeWorks and continue to operate from its 25 locations in the Netherlands, with existing customers who will see their services continue without interruption.
As Ascender is integrated into LifeWorks’ global operations, it will operate in the Netherlands largely independently, serving clients throughout the Benelux region.
Ascender first operated as a combination of network partners 25 years ago and merged to become Ascender in 2009. It is one of the most respected providers in the corporate wellness market in the Netherlands and has a strong list of approximately 150 clients. with an average permanence of 10 years.
The acquisition will leverage the skills, knowledge and experience of Ascender teams and services including health @ work related psychological services, employee assistance programs, counseling and training through a team of highly credentialed psychologists, while It gives Ascender access to LifeWorks best clinical practices, digital technology, and global presence.
With Ascender’s strong track record of growth, local knowledge and clinical experience, the move will allow LifeWorks to continue expanding its total wellness solutions to domestic European markets and leverage its existing relationships with insurance providers, hospitals and care companies, as well as with (multinationals) working from the Netherlands after Brexit.
Comments from Philip Mullen, LifeWorks CEO UK and Europe:
“Throughout the pandemic we have witnessed a great appetite among multinationals and local businesses to support the total well-being of employees now spread across the globe. The acquisition of Ascender will not only strengthen our presence in this region. Rather, because Ascender offers a full suite of clinical expertise and research, our hope is that the company’s vision for psychological well-being can further enhance our global customer offering. ”
Comments from Moniek Vossenaar, CEO of Ascender:
“Joining LifeWorks represents an important step in the growth of Ascender, the services we provide, and the opportunities for our employees. The companies have a shared goal of improving the overall well-being of our clients’ employees, and share long-term relationship values. term, treating others the way we want to be treated, and being innovative and entrepreneurial. We are confident that this acquisition will be beneficial to both the companies and all parties involved. “
