Firm News

Seyfarth Represents Morneau Shepell in $426 Million Acquisition of LifeWorks

07/27/2018

CHICAGO - (July 27, 2018) - Seyfarth Shaw LLP represented Morneau Shepell Inc., a leader in human resources services and technology, in its $426 million CDN acquisition of LifeWorks Corporation Ltd., the leading global Employee Assistance Program (EAP) and wellness provider.

As a result of the deal, Morneau Shepell acquires all of the outstanding shares of LifeWorks, payable in cash and Morneau Shepell shares. The acquisition presents a significant addition to Morneau Shepell's leading EAP offering and will allow Morneau Shepell to better address multiple well-being challenges faced by its clients and their employees.

Morneau Shepell is the only human resources consulting and technology company that takes an integrated approach to employee assistance, health, benefits and retirement needs. Morneau Shepell is the leading provider of employee and family assistance programs, the largest administrator of retirement and benefits plans and the largest provider of integrated absence management solutions in Canada.

Established in 1966, Morneau Shepell serves approximately 20,000 clients, ranging from small businesses to some of the largest corporations and associations. With more than 4,000 employees in offices across North America, Morneau Shepell provides services to organizations across Canada, in the United States and around the globe.

LifeWorks is an employee well-being business which combines employee assistance, wellness, recognition and incentive programs in the United States, Canada, Australia and the United Kingdom.

The Seyfarth team was led by Corporate partner Suzanne Saxman and included the Corporate team of Robert Hanley, Veronica DiCamillo, Aaron Gillett and Stephen Gallagher; Regulatory - Brandon Bigelow; Labor & Employment team of Paul Whinder, Honore Hishamunda, Katherine Smallwood, Megan Toth, Christina Meddin and Coby Turner; Employee Benefits - Christian Hallett; IP team of Julia Sutherland, Stephen Lott and Teddie Hsu; and Data Security and Privacy team of Richard Lutkus, John Tomaszewski, Jennifer Mora and Cassie Myatt.