UK-based occupational and corporate health services provider PAM Group has completed its third acquisition of the year, further expanding its presence in the Irish market. The company has acquired Corporate Health Ireland (CHI) for an undisclosed amount. CHI, which was established in 1999, employs over 100 staff and offers occupational health services across Ireland, with clinics in Cork, Waterford, Limerick, and Dublin. With annual revenues of €11 million, CHI will continue to be led by Dr. Martin Hogan in Cork and Dr. Sheelagh O’Brien in Dublin, and its brand identity will be retained following the acquisition.
CHI provides a range of services to both private and public sectors, including medical assessments, absence management, flu vaccinations, and health surveillance. Its client base spans industries such as pharmaceuticals, technology, manufacturing, and professional services. PAM Group, headquartered in Warrington, UK, employs over 700 people and reported revenues of £45 million (€52.3 million) in 2022. The company is on track to reach £55 million (€64 million) this year and aims to grow turnover to £80 million in the coming years through its growth-based acquisition strategy. PAM Group operates a network of 25 clinics across the UK, providing occupational health, screening, and wellbeing services to over a million employees in more than 1,000 businesses.
PAM Group recently acquired the occupational physiotherapy business of Connect Health in the UK, adding 60 staff and £2 million (€2.3 million) in annual revenues to its PAM Physio Solutions business. The company also acquired MedProtect earlier this year, a provider of mobile health screening services in the UK and Ireland.
CHI received advice from accountants Quintas, law firm J W O’Donovan Solicitors, and Benchmark International, all based in Cork. James Murphy, CEO of PAM Group, described the acquisition as a strategic move to expand the company’s presence in Ireland. He highlighted the cultural fit between CHI and PAM Group, emphasizing the value both companies place on their colleagues and the services they provide to clients. Murphy also noted that the acquisition will allow PAM Group to access new clients and expand its own service offering.
Dr. Martin Hogan, who will continue to manage CHI, expressed excitement about the future as part of PAM Group. He stated that being part of the group will enable CHI to expand and enhance its services for existing and new clients in Ireland. Hogan emphasized that the existing leadership team at CHI, who are familiar with the clients and instrumental in delivering services, will remain in place.