SYDNEY, AUSTRALIA: APM Human Services International Limited (ASX: APM), a leading provider of employment services, has announced the signing of a Scheme Implementation Deed with Ancora BidCo Pty Ltd, an entity under the control of private equity firm Madison Dearborn Partners, LLC. This agreement sets the stage for the acquisition of all issued share capital…
All posts tagged APM Human Services
APM Human Services weighs takeover proposal from Madison Dearborn Partners
SYDNEY, AUSTRALIA: APM Human Services International has disclosed that Madison Dearborn Partners (MDP), a major stakeholder with approximately 29% ownership and three board members, has expressed its intention to propose an acquisition of the company. The proposal, which is non-binding and indicative, suggests a scheme of arrangement under Part 5.1 of the Corporations Act 2001,…
APM buys Early Start, MyIntegra, Mobility for $101.5mn
SYDNEY, AUSTRALIA: APM Human Services International Limited announce the completion of the acquisitions of Early Start Australia, MyIntegra and Mobility as outlined in the Company’s IPO Prospectus. The acquisitions involve upfront consideration of $101.5 million through a combination of cash payments and the issue of shares. An earn-out payment will be payable contingent upon the…
APM Human Services agrees to buy Lifecare for $68mn
SYDNEY, AUSTRALIA: APM Human Services International Limited (ASX: APM) has entered into a binding agreement to acquire market leading physiotherapy and home care group, Lifecare. The purchase price of $68 million will be funded from existing cash reserves, a news release noted. Completion of the acquisition is expected to occur in January 2022. Lifecare is…