SYDNEY, AUSTRALIA: Bain Capital, a global private equity firm, has agreed to acquire Estia Health, a leading Australian aged care provider, for $838 million in cash. The deal was announced on Monday by Estia Health, which said it had entered…
SYDNEY, AUSTRALIA: Estia Health Limited (ASX: EHE), a leading provider of residential aged care services in Australia, has announced that it has signed binding agreements to acquire two aged care homes in regional Victoria from Royal Freemasons Limited, a not-for-profit…
Estia Health is an Australian aged care operator floated by Quadrant Private Equity in December 2014 when it was valued at $725 million. It operates 69 facilities across Australia and is listed on the Australian Securities Exchange. Of 200 largest…