Prestige Inhome Care receives growth capital investment from Yorkway Private

Henslow is pleased to announce that we have advised Prestige on its investment from Australian investment manager, Yorkway Private. The newly formed partnership will provide strategic support and growth capital for geographic expansion, increasing Prestige’s range of services and securing future acquisitions.

Established in 2005, Prestige Inhome Care is the leading provider of premium in-home aged and NDIS care services in Australia with now over 1,800 clients, serviced by a team of over 1,000 Registered Nurses and professional carers. Prestige provides first-class, premium care to clientele across Victoria, NSW and Queensland, allowing them to stay in the comfort of their own home.

The investment in Prestige is in line with Yorkway’s mandate to invest in leading Australian mid-market companies with strong management teams, backed by significant growth tail winds, as is the case in the aged care industry. Based in Sydney, Yorkway Private is a private asset investment manager with a network of over 200 investors, allocating capital to established mid-market companies with significant growth plans. Yorkway Private has invested in 13 businesses, with equity raised of over $660m.

The Henslow team worked closely alongside Prestige through a comprehensive investor roadshow process to find the right strategic and financial partner to support Prestige’s future growth. The transaction adds to Henslow’s strong track record advising founder-owned businesses on sourcing institutional growth capital and support that will help drive future growth.

We look forward to seeing how this partnership develops as Prestige continues to achieve its growth ambitions.