Anacacia Capital and Careers Training Group acquisitions
We advised Careers Training Group and Anacacia Capital as private equity sponsor on its acquisition of Practical Outcomes Pty Ltd, a high quality early childhood education provider, in February 2015 and of Royal College of Healthcare Pty Ltd, a specialist trainer in the aged care sector, in October 2014.
We advised Careers Training Group and Anacacia Capital on all aspects of the acquisition of Practical Outcomes Pty Ltd and Royal College of Healthcare Pty Ltd and parallel financing, including conducting due diligence on the businesses, structuring the deal, drafting all transaction documents and managing completion of the transactions.
Careers Training Group was formed in 2013 through the partnership of two registered training organisations in the vocational education sector, Managed Corporate Outcomes and Selmar Institute of Education. With the addition of Royal College of Healthcare and Practical Outcomes, the Group is today a leading provider of vocational training across a number of sectors, including early childhood education, aged care, business and financial services, manufacturing, mining and construction. Anacacia Capital manages the Anacacia Partnership private equity funds and seeks to be Australia's leading private equity firm that specialises in small-medium enterprises.