Street Talk
Mid-market private equity firm Pemba Capitals National Disability Insurance Scheme services provider Oncall is understood to be weighing its options as it battles high debt levels.
Street Talk understands Oncall, Victorias largest disability and child and youth services business, has been trying to refinance about $50 million in borrowings amid concerns about its ability to service the debt. Sources said, should the situation worsen, Deloittes restructuring team would be well-placed to land an advisory role.
Pemba Capital bought a majority stake in the business in 2019, after its foun…
Read the full article at: https://www.afr.com/street-talk/tough-times-at-pemba-capital-s-ndis-services-business-oncall-20231203-p5eoo1