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PSG Alpha partners with the Amdec Group to acquire 50% stake in Evergreen Lifestyle

By Janice Roberts at New Media
19 September 2017 • 1 min read

Evergreen Lifestyles on retirement villages

Arthur Case, Chief Executive Officer of Evergreen Lifestyles

PSG Alpha Investments, a subsidiary of the JSE-listed PSG Group, has acquired a 50% stake in Evergreen Lifestyle, South Africa’s pre-eminent provider of retirement living and a division of the Amdec Group. With investments such as Capitec Bank (retail banking) and Curro Holdings (private education) in its portfolio, this investment marks a significant new focus area for PSG – a move into the retirement property sector. (more…)


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