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APM completed the acquisition of Konekt for $68m.

Synopsis

Advanced Personnel Management, an international human services organisation, completed the acquisition of Konekt, which provides injury management and injury prevention services in Australia, for $68m. "Konekt and APM have always shared a collegial relationship, mutual respect and an alignment in our purpose of enabling better lives. We are excited to bring together the complementary businesses of APM and Konekt because it will enhance our ability to provide best in class service to our customers, stakeholders and – most importantly – the clients we serve. We will also increase our market share, create new opportunities for our people and further consolidate our position as Australia’s leading human services provider," Michael Anghie, APM Group CEO.

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