Occupational health firm Konekt has acquired its main competitor Inergise Australia from Ingeus in a $4 million debt- and equity-funded deal, bringing its acquisition spend to about $30 million in the past 18 months.

Konekt managing director Carl Woodbridge said the acquisition would automatically add $12 million to annual revenue and $1.5 million to gross earnings, bringing the company closer to its "critical mass objective" of $50 million in revenue.