Caring Brands International acquires Australia's Just Better Care to enhance its global presence in the home healthcare industry.
Target Company Overview
Caring Brands International, which encompasses Interim HealthCare Inc., a prominent network of home care, hospice, and health staffing franchises established in 1966, has made a significant move to expand its global operations through the acquisition of Australia-based Just Better Care. Just Better Care, located in Manly, New South Wales, is a respected franchisor specializing in both non-medical and medical in-home care services. Founded in 2006, the company operates one corporate location and around 30 independently owned franchise units in key Australian cities such as Perth, Adelaide, Melbourne, Brisbane, and Sydney.
The acquisition aligns with Caring Brands International's strategy to enhance its footprint in global healthcare markets, following its previous international expansion effort with the acquisition of UK-based Bluebird Care Franchises Limited.
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Industry Overview in Australia
The home health and hospice industry in Australia is experiencing transformative changes due to evolving healthcare policies and increasing demand for at-home care services. The organization of
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Caring Brands International
invested in
Just Better Care
in 2014
in a Strategic Partnership deal