London-based LifeWorks, a provider of digital and in-person total wellbeing services, has acquired Ascender, a psychological services provider in the field of employee health and wellbeing.
Headquartered in the Netherlands, Ascender’s team of 38 employees and approximately 40 freelancers will join LifeWorks and continue to operate from its 25 locations across the Netherlands, with existing clients seeing their services continue uninterrupted.
As Ascender is integrated into LifeWorks’ global operations, it will operate in the Netherlands on a largely standalone basis, servicing clients throughout the Benelux region.
Ascender operated first as a combination of network partners 25 years ago and merged to become Ascender in 2009. The company has approximately 150 clients with an average tenure of 10 years.
Philip Mullen, managing director, UK and Europe at LifeWorks, said: “Throughout the pandemic we have witnessed a huge appetite amongst multinationals and local companies to support the total wellbeing of employees that are now spread across the world. The acquisition of Ascender will not only strengthen our presence in this region, but in addition, given Ascender offers a full suite of clinical expertise and research, our hope is that the company’s insight on psychological wellbeing can further enhance our customer offering on a global level.”
Moniek Vossenaar, managing director at Ascender, added: “Joining LifeWorks represents an important step for Ascender’s growth, the services we provide and the opportunities for our employees. The companies have a shared goal to improve the total wellbeing of our clients’ employees, and shared values of long-term relationships, treating others the way we want to be treated, and being innovative and entrepreneurial. We’re positive this acquisition will be beneficial to both companies and all parties involved.”
Date published: September 15, 2021