TP Health completes management buyout and strengthens senior team to capitalise on growing occupational health market

Leading occupational health provider TP Health has recorded stellar growth and announced the appointment of a new Non-Executive Director, following the completion of a management buyout by a team including its two founding Directors.

The firm, which is based in Northamptonshire and employs over 220 people, is the leading provider of occupational health and well-being services to the NHS, supporting 36 NHS trusts, as well as major blue-chip clients such as the Atomic Weapons Establishment, Amazon, Heineken, and Toyota.

Team Prevent UK was founded in 2006 by Marilyn Dummer and Oliver Hook on behalf of European health group B.A.D GmbH. Following a strategic decision by B.A.D in 2020 to focus on its domestic market in Germany, the founders and other Executive Directors, Sam Dummer and Phil Waterworth, undertook a management buyout.

Since the team took control of the business in 2020, revenue has grown by more than 25% and is forecast to exceed £18 million in 2021, while headcount has also increased by more than 10% during the same period.

TP Health has now announced the appointment of Stephen Goodluck as a Non-Executive Director. Stephen is an experienced Finance Director who has held various positions across multiple FTSE100 and FTSE250 businesses including Sainsburys and Argos and will support the team as they take TP Health to the next stage of growth.

The impact of the pandemic and the changing way that people are working has highlighted the importance of occupational health and well-being for companies and their employees. Research has shown that more than a third of musculoskeletal disorder cases in the UK in 2020 were linked to working from home, while researchers at Kings College also found that 57% of people showed symptoms of anxiety during the pandemic. Employers of all sizes are therefore seeing the benefits in investing in occupational health and well-being to support their employees, attract talent and optimise productivity from a happy and engaged workforce.

However, for many smaller employees, the cost of implementing an occupational health service can be a barrier, and the UK government recognised that tackling this was a priority in its response to the “Health is Everyone’s Business” consultation in August of this year.

TP Health has therefore invested in implementing leading IT systems and developing unique digital tools to expand how it can support clients. This includes the OH Direct Service, which provides SMEs with the opportunity to use an on-line pay as you go service, making occupational health accessible to many more companies and employees. 

Marilyn Dummer, Founder and CEO of TP Health said: “Since completing the management buyout of the company, TP Health has gone from strength to strength. This is a testament to the work of every one of our team, who have demonstrated their incredible commitment to ensuring that our clients and their employees have received the best possible support during what has clearly been the most challenging time for many businesses.

“More and more employers are now recognising that occupational health and well-being is essential part of how they operate, and we know that we have the expertise, tools and experience to support them in delivering the best results for their people. We’ve invested significantly over the last twelve months to ensure that we’re perfectly placed to capitalise on the opportunities in the market and we’re delighted that Stephen will be bringing his deep business experience to the team to help take us to the next stage of growth.”