Australia's Next Capital sells Infinite Care to Moelis
Next Capital has agreed to sell its controlling stake in Australia-based aged care business Infinite Care to Moelis Australia. The GP first invested in the company in December 2014.
Moelis will take a 70% interest in Infinite Care for A$45.4 million ($36.3 million) and hold it in the newly created Moelis Australia Aged Care Fund with Infinite Care’s founding management team retaining...
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