Ingeus Explained

Ingeus Limited
Type:Private
Foundation:1989
Founder:Thérèse Rein
Area Served:worldwide
Industry:human services provider
Owner:Providence Service Corporation
Num Employees:1700

Ingeus Limited is a British-based, Australianprovider of employment and health programmes, services for young people, training and skills support, Labour hire and probation services.[1]

It is notable in part, for being founded by Thérèse Rein, the wife of the 26th Prime Minister of Australia, Kevin Rudd.[2]

History

Ingeus originated as a rehabilitation company based in Australia in 1989, named Work Directions. It then grew to become an international provider of employment services. In 2002 the company was rebranded as Ingeus.

The company has 150 offices and more than 1,700 employees. It operates in the UK, France, Sweden, Korea, Germany, Switzerland, Poland, Australia, Saudi Arabia and New Zealand.

In 2011 Ingeus and Deloitte created a joint venture to operate contracts in the government welfare-to-work Work Programme. In 2013 Deloitte withdrew from the joint venture as Work Programme fees were reduced.[3] [4]

in 2014 Ingeus was sold to Arizona-based human services provider Providence Service Corporation.[5] Thérèse Rein and Kevin Rudd received approximately $160M from the sale.[6]

Notes and References

  1. Web site: Our Story Ingeus. 2020-07-24. ingeus.com.
  2. Web site: Kruger. Colin. 2017-06-04. Therese Rein takes lion's share of $160 million sale of Ingeus. 2020-07-24. The Sydney Morning Herald. en.
  3. News: Deloitte to offload stake in government Work Programme . Richard Crump . AccountancyAge . 5 November 2013 . 7 May 2016.
  4. News: Deloitte to sell stake in government Work Programme . Sally Chesworth . BBC News . 5 November 2013 . 7 May 2016.
  5. Web site: Sunday Times Best 100 Companies . 8 November 2010 . https://archive.today/20110117113224/http://best100companies.thesundaytimes.co.uk/1/profile/63/Ingeus/ . 17 January 2011 . dead .
  6. Web site: Kruger. Colin. 2017-06-04. Therese Rein takes lion's share of $160 million sale of Ingeus. 2020-07-24. The Sydney Morning Herald. en.