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Royal College of Healthcare joins Careers Training Group

Thursday, September 18, 2014

Careers Training Group is delighted to announce the addition of Royal College of Healthcare as it looks to expand in the vocational education sector in Australia with the support of leading private equity firm Anacacia Capital.

Anacacia Capital identified the $8.4 billion Australian vocational education market with over 1.9 million students as an exciting growth opportunity. Royal College of Healthcare joins Careers Training Group’s existing businesses of Selmar Institute of Education and Managed Corporate Outcomes as it looks to expand significantly in this sector.

David Mol, Director of Royal College of Healthcare, stated: “I am delighted to join Careers Training Group and excited about the opportunity to have the support of Anacacia Capital to help us grow our business.”

Careers Training Group Managing Director Neil Shilbury stated: “David and Vicki Mol and their team have built Royal College of Healthcare into a leading provider of aged care training in Queensland and is an outstanding addition to the Careers Training Group portfolio of vocational training businesses”.

Transaction advisors included Sparke Helmore Lawyers, Redchip Lawyers, PWC, Pennell & Yantsch, AON, Supertrac and Newbery Consulting.

About Careers Training Group

Careers Training Group (www.careerstraininggroup.com.au ) was formed in 2013 through the partnership of two high quality Registered Training Organisations in the vocational education sector. Firstly, Managed Corporate Outcomes Pty Ltd (www.mcosite.com.au) which was established in Queensland in 2003 and today specialises in training for the business services, financial services, construction, mining and manufacturing sectors; and secondly, Selmar Institute of Education (www.selmar.edu.au) which was established in 2004 and today is a leading provider of certificate and diploma training primarily to the Early Childhood Education and Aged Care sectors.

About Royal College of Healthcare

Royal College of Healthcare (www.royalcollege.com.au) was established in Queensland in 1997 as a Registered Training Organisation. It is a specialist trainer in the aged care sector and is sought after by leading aged care providers in Brisbane, Gold Coast and across Queensland to provide quality training, education, and consultancy advice.

About Anacacia Capital

Anacacia Capital (www.anacacia.com.au) manages the Anacacia Partnership private equity fund and seeks to be Australia’s leading private equity firm that specialises in small-medium enterprises. Anacacia provide strategic insight and capital to outstanding management teams to help these businesses to grow.

For further details please contact Neil Shilbury (neil.shilbury@careerstg.com.au)

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