Baldwin Care has purchased their first QLD village, Liberty Seniors Livings Taigum village, 14KL north of Brisbane. CEO Paul Burkett negotiated the purchase through Colliers Shane Nicholson. The seller was the Panettiere family who have decided to concentrate on their concreting business. The price was below $3M for 88 ILUs, all DMFs except about 12 rentals. Burkett didnt take up the optional land adjacent that would have delivered 126 development sites. Baldwin utilised existing lines of credit with ANZ. This purchase takes Baldwin to five small and large villages plus two aged care facilities across three states
Healthcare Australia buys home care provider My Care Solution
South Australian family-owned home care provider My Care Solution has sold its operations to Healthcare Australia, which is owned by Sydney-based venture capital firm Crescent Capital. Healthcare Australia is a healthcare staffing business, with...