Onebright has acquired mental healthcare company Psicon for an undisclosed sum.
Onebright provides a range of mental healthcare services, including neurodevelopmental assessments, to its private medical insurance (PMI) , corporate, and consumer clients. This latest acquisition will expand its capability in the area of neurodevelopmental assessments.
Psicon provides assessments for autism and ADHD, and works with the NHS as well as providing private assessments to the public. The organisation offers a range of assessment and treatment services across the lifespan and is one of the largest providers of children’s neurodevelopmental services in the UK.
The two brands will operate independently with Psicon continuing to be led by managing director Dr Dan Simmonds.
A Onebright spokesperson told Health & Protection that both businesses will see continued investment following the deal.
Psicon founder and chairman L.J. Conradie is retiring and stepping down from the board, while Donald Fowler, CEO of Onebright, has joined the board of Psicon and will sit alongside Dan Simmonds and Louis Conradie.
The enlarged group will employ more than 500 staff delivering services remotely and from a growing number of face-to-face clinics. Its operational centres are in York, London, and Canterbury.
Donald Fowler, CEO of Onebright, (pictured) said: “We are delighted to welcome Psicon to the Onebright family.
“Our mission at Onebright is to create a brighter tomorrow by providing easy access to personalised, life changing mental health support, and the addition of Psicon and its team to our group will really enhance our ability to deliver on this mission.
“From very early on in our discussions it was apparent that our two organisations share a passion for clinical excellence and patient centred care, and I am really looking forward to what we can achieve together.”
Dr Simmonds said: “Demand for high-quality support for the neurodivergent population has increased substantially up and down the country and we look forward to working within the Onebright family to further support NHS Trusts, Integrated Care Boards, and private patients across the UK.”
Psicon founder LJ Conradie added: “I am very proud of all the achievements at Psicon over the last 25 years and very excited about the Psicon Onebright union.
“Passing the baton to leaders with focus on strong values and high-quality services will, without doubt, continue to be the basis of future success.”