MELBOURNE: Regis Healthcare Ltd. announced it has entered into a binding agreement to acquire the home care business of Royal Freemasons Homes of Victoria, a move that will add approximately 480 clients and boost its annualized home care revenue to roughly $50 million.
The transaction, valued at more than $10 million in additional annual revenue, will be funded from Regis’ existing cash reserves. Completion is expected in the second quarter of fiscal year 2027, subject to regulatory approvals and other customary conditions.
Royal Freemasons, a not-for-profit provider, delivers services under the Support at Home program and the Commonwealth Home Support Programme. The acquisition strengthens Regis’ footprint in Melbourne, where it already operates home care hubs alongside its residential aged care homes, day therapy centers, and retirement villages.
“Royal Freemasons is a well-regarded home care provider that strengthens Regis’ existing operations and expands our scale in Melbourne,” said Regis CEO Andrew Kinkade.
“We believe the enlarged home care business is well positioned to benefit from key industry tailwinds including an ageing population, increased government funding, and a growing consumer preference to age in place.”
Kinkade added that the company welcomes Royal Freemasons’ clients and staff to the Regis family and intends to continue delivering high-quality in-home support.
Regis, founded more than 30 years ago, is one of Australia’s largest aged care operators, serving over 10,000 older Australians through a workforce of more than 13,000 nurses, carers, and support professionals.
