Why has the Payton Capital business been sold, especially whilst in a period of significant growth?

The sale of the business to HMC Capital will enable Payton to accelerate growth and take advantage of the favourable long term investment fundamentals in Australia real estate credit. The 100% acquisition of the business demonstrates HMC Capital’s high conviction in Payton’s platform and people which will form part of HMC’s broader private credit platform.

As part of a leading Australian Stock Exchange listed company, Payton will benefit from a significantly improved market profile, access to broader pools of capital and greater ability to retain and hire market leading people.

Payton Capital’s continued objective is to be Australia’s leading real estate credit manager.