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Acquisition of NDIS Disability Services Business | Tasmania

Acquisition of NDIS Disability Services Business | Tasmania

Service

Acquisition of NDIS Disability Services Business | Tasmania

Client

Private Group

Location

Tasmania

Industry

NDIS Disability Services

Deal Team

Lead Advisor

Tom Renda

Co-Managing Director

Co-Founder Tom Renda brings 35 years of experience in front line and Senior Executive roles in Business, Corporate and Institutional Banking across 3 major banks.

Tom’s area of expertise is working with large private businesses and small and mid cap listed companies providing advice and solutions on:

  • Debt structuring encompassing:
    • Debt sizing analysis,
    • Covenant calibration,
    • Optimal capital stack analysis across alternate debt products,
    • Working capital analysis
  • Mergers and Acquisition Funding
  • Growth and Re-Gearing Finding
  • Arranging Club Transactions
  • Credit positioning and work out negotiation with financiers
  • Structured Finance

Thomas (Tom) Renda is a credit representative (510599) of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit Licence 391237)

Co-Lead Advisor

Adil Basoeki

Associate

Adil Basoeki is an experienced finance professional with strong credit and analytical capabilities.

His experiences working in numerous Senior Business Banking Relationship roles over the l10 years at NAB has provided him the rounded skills essential to tailoring finance solutions for customers in various industries.

Adil has extensive experience in the following areas:

  • Lending solutions for Professional Services type organisations
  • Working with Small to Medium Enterprises and Emerging Corporate Businesses
  • Commercial Property Investment and Developing Funding solutions
  • General cash flow lending transactions

The Challenges

Our client sought to acquire an established NDIS disability services business based in Tasmania, operating within a highly regulated healthcare environment.

The acquisition required a share purchase structure to ensure continuity of NDIS registration and licensing, in circumstances where there were no hard assets underpinning the transaction.

Additional complexity arose from the high initial leverage position, outside standard bank policy parameters, together with the need to carefully manage debt serviceability and working capital requirements within a compliance-driven operating environment.

Our Solution

EMK Thomas Capital and Advisory was engaged to deliver an acquisition funding solution aligned to the structure and regulatory requirements of the transaction.

A detailed analysis of client composition, service mix and revenue sustainability was undertaken, supported by a review of governance and operational frameworks. This enabled the recurring nature of the business’s cash flows to be clearly articulated to the lender.

The funding approach provided clarity around the proposed amortisation profile and covenant framework, supporting a defined deleveraging trajectory following completion of the acquisition.

Client's Result

  • Acquisition funding secured for an NDIS disability services business in Tasmania
  • Share purchase structure maintained to preserve NDIS registration and licensing
  • Funding package comprising term debt, working capital facilities and asset finance
  • Transaction completed at the requested leverage