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Record Sales For Disability Services Businesses

Buyer demand for disability related companies in Australia is surging. According to Morgan Business Sales, one of the biggest business brokerage firms in Australia, while buyer demand is cooling across the broader market, disability services businesses are bucking the trend.

Dru Morgan, the Director of Morgan Business Sales, believes that this is being driven by a strong appetite for acquisitions from a few key industry players.

"We've sold five disability services over the past few months. In each circumstance, the buyer was a 'bigger fish'. A larger sized disability service provider"

When queried why these groups were making acquisitions, Mr Morgan identified two key factors.

"Across Australia, there are a number of industries experiencing skilled talent shortages. Disability services is of these. There aren't many occupational therapists, physiotherapists etc. out of work at the moment. For an ambitious group, this makes performing an acquihire an attractive option."

Compounding this is the disability services industry moving into a consolidation phase.

"It's coming on 10 years since the Australian government rolled out its government funded disability services program, the NDIS. This triggered the disability services industry into a growth phase.

We're now seeing the market move into a consolidation phase where a handful of larger groups are battling it out for market dominance. Competing against each other to make acquisitions and get the best staff. Driving up demand."

Mr Morgan believes that these market conditions make it a perfect time for owners of disability services businesses to consider selling, no matter their size.

"Of our five recent disability sales, two businesses had only been established within two years of their sale. Their exits were significant. It's a great time to be an owner of a disability business in Australia."

About Morgan Business Sales

Morgan Business Sales are Australia's leading Specialist Business Brokers. For the past 25 years, they have successfully sold hundreds of large and small businesses. Whether looking to buy or sell, they are ready to assist you.

From Business Valuations, Franchise sales, to corporate sales, and large business sales to the very smallest business sale, their experienced team of Specialist Business Brokers are ready to achieve a great result for you. Learn more about Morgan Business Sales via their website here: www.morganbusinesssales.com

Contact Info:
Name: Dru Morgan
Email: Send Email
Organization: Morgan Business Sales
Address: Suite 19, 103 George Street Parramatta, Sydney, NSW 2150, Australia
Website: https://www.morganbusinesssales.com

Source: PressCable

Release ID: 89092643

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