Oncore Joins Workwell to Power Global Workforce Solutions

Oncore Acquired by Workwell: Expanding Global Workforce Management Capabilities

Oncore, a leading provider of contingent workforce management solutions in Australia and APAC, today announced its acquisition by Workwell Group, a global leader in workforce management services. This strategic partnership marks a significant milestone, poised to deliver enhanced capabilities, expanded global reach, and deliver innovative solutions to customers worldwide.

The acquisition unites Oncore's deep regional expertise with Workwell's extensive global infrastructure and 35-year legacy in the industry. Workwell Group, established in 1989, is a tech-enabled global and domestic provider specialising in Employer of Record (EOR), Agent of Record (AOR) services, contingent workforce management, and outsourced management, funding, and tech services for recruiters.

Workwell's impressive scale includes:

• Over 2,000 B2B customers, spanning corporate enterprises and recruitment/staffing businesses.
• Operations in 24 countries and partnerships in approximately 150+ more.
• An annual turnover of approximately $2 Billion USD, with fee income exceeding $80 Million USD.
• Management of payments or timesheets for approximately 45,000 UK contingent workers weekly/monthly, plus an additional 5,000 globally.
• A strong track record of 17 successful acquisitions, with over half their global leadership team having originated from acquired companies, underscoring their commitment to talent integration and growth.

This partnership is founded on a powerful alignment of vision and shared values, with both organisations championing people, customers, and technology. The combination of strengths is set to offer superior global services, driven by advanced technology, and foster significant growth opportunities for Oncore's dedicated team.

"We are incredibly excited to embark on this new chapter with Workwell," said Damian Bridge, Oncore CEO. "This acquisition is a testament to the strength of Oncore's foundation and our team's dedication. Workwell’s global scale and expertise, combined with our regional leadership, will enable us to deliver unparalleled value and innovative solutions to our clients, helping them navigate the complexities of the modern workforce on a global scale."

Crucially, Workwell has no existing operations, sales channels, or personnel in Australia or the APAC region. Their collaborative approach aims to integrate the best aspects of both businesses to globalise Oncore's proven strategy, establishing Oncore as Workwell's cornerstone in this region with sensible integration of sales channels and technology. For customers, this means continued seamless service, with the added advantage of expanded global capabilities and access to insights from Workwell's mature markets.

Oncore has been a leading provider of contingent workforce management solutions for over 25 years, empowering Australian and New Zealand businesses and contractors with streamlined payroll, compliance, and administrative services.

Workwell is a global leader in workforce management solutions, providing EOR, AOR, and contingent workforce management services. With a 35-year history, Workwell supports over 2,000 B2B customers across 24 countries, leveraging technology to deliver efficient and compliant workforce solutions worldwide.