ESH Group – sale to Karingal (APM Human Services)
Miles Advisory Partners advised Champ Ventures on the sale of ESH Group to Karingal (APM Human Services).
Transaction Details
Sector
Healthcare
Miles Role
Sell-side advisor to Champ Ventures
Deal Type
Mergers & Acquisitions
Year Completed
2016
Contacts for this Transaction
Rohan Manikath
Managing Director
Gareth Cope
Managing Director
Overview
- ESH Group (“ESH”) is an Australian employment services and recruitment business operating across 66 branches nationally, comprising a welfare-to-work division delivering services under the federal government’s jobactive contract and IPA Personnel, a temporary labour hire recruiter serving corporate and government clients
- ESH was formed in 2007 under Champ Ventures’ ownership through the merger of three providers (IPC Employment, PVS Workfind and IPA Personnel), and holds a long-standing track record of delivering services to the Commonwealth, with its jobactive contract running through to 2020
- The sale provides Karingal - now part of APM Human Services - with established federal employment-services contracts and national delivery infrastructure, strengthening its position in the welfare-to-work and human services sector
Industry Context
The transaction reflects consolidation across the Australian employment and human services sector, as scale providers acquire established operators to build national footprint and secure access to federal government contracts. The shift in the Commonwealth’s welfare-to-work framework to the jobactive model reshaped the competitive landscape, favouring providers with proven delivery capability and contract track record.
