About Peritus

Peritus Childcare Sales is a true value-add childcare brokerage and advisory business specialising in all areas of childcare, from traditional brokerage services to bespoke specific trade area demographic analysis.

We specialise in both freehold and leasehold childcare centre sales specialising in portfolio transactions.  We have the ability to authenticate our message with the integrity of market leading proprietary research. Peritus Childcare Sales has the industry’s most extensive research and in-house capabilities dedicated specifically to the childcare industry.

We handle childcare brokerage and advisory at an institutional level. Peritus has settled over $150m of completed sales in 2019/2020 and $380m of completed childcare due diligence and transaction advisory services.

In March 2021 Peritus Childcare Sales as the exclusive brokers completed the sale of 6 high performing childcare centres for $43m.

In 2019 / 2020 Peritus Childcare Sales was appointed as the exclusive brokers and advisors to The Grove Academy Portfolio & achieved a $40.8m sale price for 8 operating childcare centre businesses as noted in the Australian Financial Review. We conducted an exclusive & confidential national and international sales process.

We successfully completed the transaction achieving an optimal result for our client due to our unique multi -disciplinary experience. Our canvassing of local and international buyers is targeted and direct.

We are the only childcare broker and advisory firm with the institutional relationships, background and track record to handle major & confidential transactions.

Peter founded Peritus Childcare Sales after realising there was a significant gap in institutional childcare brokerage and advisory services in Australia.

Peritus Childcare Sales is the only dedicated childcare agency with proprietary childcare trade area and cashflow models with a specific focus on positioning our clients assets to achieve optimal results.

We provide detailed trade area, economics and demographic analysis in house via our proprietary models.

Our in-house proprietary models analyse a total of 4,802 childcare centres (Long Day Care Centres) covering 316,112 Long Day Care places analysed, geo-coded and overlaid with 18 proprietary childcare specific trade area layers such as demand: supply imbalance, number of new Development Applications, average household income levels and estimated resident population statistics.

There has been significant commentary in the industry from media, government, industry bodies and operators surrounding the contentious issue of supply — specifically over-supply of long day care childcare centres.

The Peritus Childcare house view based on its in-house proprietary research at a state level, SA2 and SA1 level highlights that such a blanket, wholesale approach to the issue is erroneous.

“A clear divergence in equivalent market yields and leasehold multiples is being reflected in the pricing of both freehold and leasehold childcare centres. Risk is now being priced-in appropriately with higher risk, higher beta centres exhibiting softer yields and lower multiples with unsystematic risk (above entire market risk) now being priced into purchasers pricing assumptions.” “ Each specific trade area must be assessed against its own fundamentals. We have witnessed adjoining suburbs exhibiting very different demand:supply fundamentals. The number of new centres will not cause over-supply if there is sufficient demand from the number of 0-5 year old residents and / or the worker population absorbing this supply.”

— 2019 Peritus Childcare Sales Investment Review & Outlook