Derby-based Totally, the provider of a range of healthcare services, has acquired Energy Fitness Professionals Limited (Energy Fit-Pro or EFP) in an up to £1.3 million deal.
EFP is a corporate fitness provider established in 1990 to address a gap in the market for workplace fitness, which has grown to offer a range of services covering workplace wellbeing.
Energy Fit-Pro is owned equally by the two founders, Robert Radford and Alan Gallacher, who will continue to work in the business following the acquisition.
For the year ended 31 March 2021, unaudited management accounts for EFP recorded revenue of £983,708 and a profit before tax of £444,691 (which includes the impact of both government support and the COVID-19 pandemic). Unaudited management accounts for EFP showed gross assets as at 31 March 2021 of £987,000.
Wendy Lawrence, Chief Executive Officer of Totally, said: “We are thrilled to announce a new acquisition for Totally as we continue to deliver on our strategy and expand the Group.
“This acquisition creates exciting opportunities to transform the Group further by providing a new digital solution for many of our existing and planned new services. Totally will now be able to offer existing clinical, and physical and wellbeing services as part of a new digital offering to new and existing customers.
“Energy Fit-Pro is a very well-regarded business and fits well with our commitment to delivering quality services that ensure people within the UK and Ireland have access to the care and support they need.
“By entering the corporate market through Energy Fit-Pro’s strong existing contract base, we can further support our traditional customers, such as the NHS, by providing solutions that keep the population physically and mentally healthy and avoid the need for in-hospital care where possible.
“We are excited by the opportunities that this acquisition offers in a growing market, as large employers take greater accountability for the health and wellbeing of their employees.
“We continue advanced discussions with a number of other bolt-on businesses to enhance and strengthen our proposition further. I look forward to updating the market in due course as we look to build upon Totally’s position as a leading provider of healthcare delivery across the UK and Ireland and expand further by offering workplace wellbeing solutions.”
