BSI expands its healthcare business into the New Zealand market with the acquisition of HDANZ
9 August 2019
BSI, the business improvement company, today announced the acquisition of HDANZ (Health and Disability Auditing New Zealand Ltd) – a health sector auditing organization based in Christchurch, New Zealand. The deal will see HDANZ become part of BSI’s assurance business, significantly boosting HDANZ’s ability to offer a wider range of auditing, compliance, and improvement solutions. From today, HDANZ will operate under the name “BSI HDANZ – A BSI Assurance Company”.
The acquisition of HDANZ marks BSI’s expansion of its healthcare services certification business into the New Zealand market and supports BSI’s international growth strategy. The investment significantly increases the company’s presence in the country, building critical scale and further supports the organization’s ambition to become a leading provider in the healthcare sector. More specifically, BSI aims to become the principal certification body in both the New Zealand and Australian Healthcare Services markets.
Established in 2002 as a designated auditing agency under the Health and Disability Services (Safety) Act 2001, HDANZ is an industry leader in the country’s healthcare services market. With clients across New Zealand, its services predominantly cover aged residential care, residential disability services, mental health / addictions, home care, physiotherapy / allied health, hospitals, retirement villages and a range of other service providers.
Howard Kerr, Chief Executive at BSI, says: “The acquisition of HDANZ allows us to build on our existing expertise in the region through our services in Australia and New Zealand, and is a positive step towards achieving our ambition of becoming the region’s leading provider in the healthcare sector. It is a mutually beneficial move, as BSI’s global expertise will perfectly complement HDANZ’s in-depth local knowledge.”
Jim DuRose, Director at HDANZ, says: “For the last 17 years we have developed into a hugely important provider of auditing services with New Zealand’s health and disability sector. Merging with BSI is the next natural step in our journey, and we are excited to see the opportunities that it will bring. Our underlying aim has always been to contribute to the health and well-being of New Zealanders – with BSI behind us, we can go even further in achieving this.”
Craig Muir, New Zealand Business Manager at BSI, says: “We are very excited that HDANZ has agreed to combine forces with BSI. The strategic fit between our two firms will bring tremendous value to our respective client bases, helping them unlock excellence and become more resilient.”
Terms of the acquisition were not disclosed.
Notes to Editors
From today, Health and Disability Auditing New Zealand Ltd (HDANZ) will operate under the co-branded name, BSI HDANZ – A BSI Assurance Company and will adopt the new logo below:
BSI is the business improvement company that enables organizations to turn standards of best practice into habits of excellence. For over a century BSI has championed what good looks like and driven best practice in organizations around the world. Working with 84,000 clients across 193 countries, it is a truly international business with skills and experience across a number of sectors including aerospace, automotive, built environment, food, and healthcare. Through its expertise in Standards Development and Knowledge Solutions, Assurance, Regulatory Services and Professional Services, BSI improves business performance to help clients grow sustainably, manage risk and ultimately be more resilient.
About Health and Disability Auditing New Zealand Ltd (HDANZ
HDANZ is New Zealand’s leading provider of auditing services to the New Zealand health and disability sectors. Their mission is to work with providers, funders and stakeholders in a robust and positive way that supports the safety and quality of services being assessed for their achievement of recognized health and disability standards.