Melbourne boutique investment bank Kidder Williams bought control of Prime Trust last year. A subsidiary of Kidder Communities will now start a new company to manage the 12 rental villagers that Prime Trust took back from the original Village Life group (now called Fig Tree). This will be particularly challenging given the historic tight margins of the rental model combined with falling occupancy levels of some Prime Trust rental villages.
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...