The ex head of Aveo Retirement, Justin Laboo, has taken Affinity Education Group in three months from an initial listing price on the Australian Stock Exchange of $1.00 to todays price of $1.50. A relatively new business, it has succeeded where competitor Sterling Education has failed. Sterling also tried to list on the Stock Exchange at a value of $200M, backed by Macquarie Bank, but last week failed to get investor support. This week Sterling was taken over by G8 Education for $228M. Laboo led Aveo through the GFC from 2007 to September 2012, Affinity Education Group was established in May last year and owns 57 child care centres and manages a further 11 across QLD, NSW, VIC and NT.
Kimberley Attenborough new CEO of home care provider Suncare Community Services
South-east Queensland-based home care provider Suncare Community Services has appointed former Feros Care executive Kimberley Attenborough as its new Chief Executive Officer. An Occupational Therapist, Kimberley has owned and operated her own allied...