“David and I set up DPS Publishing in 1998 as 50:50 partners and this partnership has continued for 18 years,” Mr Baker says.
“Quite phenomenal in this day and age and David has become a very close friend. Breaking up our professional partnership felt almost like a divorce.”
Mr Murray Smith exited the business on 30 June this year. The development was a chance for Mr Baker to increase his share in the company and bring in fresh views and ideas for the future of DPS Publishing.
A private consortium of prominent and progressive private investors purchased the remaining shares.
“With majority ownership I am now even more invested in the future of DPS Publishing, which is and will continue to be a very successful company.
“Our new group of private investors are absolutely committed to DPS and has the long term aim of ensuring it is the premier portal for aged care information and consumer engagement,” Mr Baker adds.DPS Publishing provides older Australians and their families with quality information and services about aged care, home care and retirement living through its printed DPS Guide to Aged Care and on AgedCareGuide.com.au, to simplify the transition to aged care, home care and retirement living.
“We have a fantastic team of people working hard behind the scenes to ensure we can continue to produce relevant and informative resources of the highest quality for people with a personal or professional interest in aged care and seniors living,” says Mr Baker.
“This is a really exciting time for us. Our Guides are still going strong and continue to grow in both revenue and readership. In fact in some states we’ve had to print additional copies to keep up with increasing demand.“We have just re-released our website AgedCareGuide.com.au with a whole new look and lots of improved functionalities which we’re getting great feedback on from users.
And to reflect a fresh perspective on age-related news and issues we’re changing the names of our news and social media pages from DPS News to Talking Aged Care,” Mr Baker adds.
“As the most successful multimedia publishing company for aged care we will continue to provide quality opportunities for aged care providers to promote their products and services to consumers.”