TELUS Health has acquired Workplace Options (WPO), a major provider of employee wellbeing services to Fortune 500 companies, in a deal valued at approximately CA$500 million (US$350 million). The acquisition significantly expands the company’s international footprint, adding a network of 180,000 providers across more than 200 countries and territories.
The deal is supported by a US$200 million investment from GTCR, a private equity firm with a long track record in healthcare. TELUS Health now covers more than 150 million lives globally, offering both digital and in-person health and wellbeing services to employers and individuals.
A broader offering for employers worldwide
Best known for its Employee and Family Assistance Programs (EFAP), Workplace Options provides mental health and wellbeing support to large corporate workforces. By integrating WPO’s services, TELUS Health will be able to offer multinational employers a more unified experience—one that’s consistent across regions but responsive to local needs.
This acquisition allows TELUS Health to standardise how it delivers care while continuing to build on its digital infrastructure, including AI-enabled tools developed in-house. The company says this will help improve both access and responsiveness for employees seeking support.
GTCR Brings Long-Term Backing
GTCR’s investment brings in a deeper partnership rather than a short-term stake. The firm has completed over 250 healthcare transactions and plans to work closely with TELUS Health on future plans. Its involvement adds financial stability and healthcare expertise at a time when demand for employer-backed wellbeing services is growing.
While many vendors in the space offer digital solutions or local programs, few have the infrastructure to operate across regions with both breadth and depth as TELUS Health.