DYNAMIQ IN THE NEWS: SECURITY AND HEALTH PROVE A LOGICAL FIT
SECURITY AND HEALTH PROVE A LOGICAL FIT
01 July 2013
Peter Williams, The West Australian June 20, 2012, 7:34 am
Health and security often go hand in hand in the potentially dangerous world of resources projects.
So when emergency management company Dynamiq came knocking on the door of home-grown medical services provider Compass Health, it was a logical fit.
“More and more we are seeing competitive tenders come out asking for medical, emergency services and security all bundled in together in the one contract,“ Compass director Tony Metcalf said.
As a result, Compass and Dynamiq began submitting joint tenders for mining and oil and gas sites. Then Dynamiq took it to the next level.
“They turned around and said would we be interested in being acquired, and we said ”yeah’,“ Mr Metcalf said.
Dynamiq chief executive Anthony Moorhouse said he had been searching for an Australian health services provider to acquire for two years. “All roads led to Compass Health as the perfect complement to our offering,“ he said
The deal was consummated last month, capping a heady five years for Compass in which Mr Metcalf and co-founder Christy Whitby turned a $5000 investment into an operation with 85 staff turning over $12 million to $13 million a year.
After first meeting at a mine site, the future business partners’ plans gelled over a coffee six months later. “We were both thinking about doing the same kind of business,’ he said.
With his account management background and Ms Whitby’s operations experience, the pair found their skills were complementary. “I had the clients and she had the knowhow, basically.“
Compass quickly established itself as a supplier and manager of medical and emergency services personnel for major projects across the North West and now in Queensland.
Its clients are a who’s who of the resources giants: BHP Billiton, Rio Tinto, Woodside, Chevron and a host of engineering contractors.
Compass staff run the medical centres at big projects and provide first response in case of on and off site emergencies, including vehicle accidents.
Compass’ main rivals in the resources health services space are St John Ambulance, Kinetic Health and HES. “ We’re the young upstarts really,“ Mr Metcalf said.
Its acquisition provides international opportunities for Compass staff as Dynamiq manages projects across the globe.
That may offer some more excitement in such areas as medical retrieval of injured people. Mr Metcalf said rather than being at greater risk, staff would need to have more technical expertise.Back to all news