Mergers & Acquisitions

Brookfield sells retirement village operator Aveo for $3.85B

Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...

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Ian Horswill

26 Jun 2025

Chris Baynes

Aveo transformation masterclass: turning $1.27B into $3.85B in 55 months

Today’s confirmation of the sale of Aveo is dated 26 June 2025. Brookfield took the keys to Aveo in November 2019, or four years and seven months ago. On first blush they made $2.58 billion profit in those 55 months, or did they make a lot more?...

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Chris Baynes

26 Jun 2025

Aged Care

mecwacare acquires stand-alone aged care home in southwest Melbourne

Not For Profit Victorian aged care provider mecwacare has acquired the 51-bed Allanvale Private Nursing Home, in Altona Meadows, southwest Melbourne.

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Caroline Egan

18 Jun 2025

Technology

Health Metrics acquired by US private equity firm Accel-KKR

“We’ve delivered strong growth under Tanarra’s guidance, and I believe Accel-KKR will help take that to the next level,” Paul told The Weekly SOURCE

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Caroline Egan

19 Jun 2025

Mergers & Acquisitions

Southern Cross Care Broken Hill operations formally transferred to Southern Cross Care Queensland

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Caroline Egan

18 Jun 2025

Aged Care

Pacific Equity Partners finalises 50% stake in Opal HealthCare

On 30 May 2025, Pacific Equity Partners (PEP), one of Australia’s oldest and most successful private equity firms, finalised its acquisition of a 50% stake in Opal HealthCare – Australia’s largest residential aged care provider – after securing shareholder and regulatory approvals.

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Caroline Egan

18 Jun 2025

Mergers & Acquisitions

Banks said to be ready to bankroll Scape’s $3B bid for retirement village operator Aveo

Australia’s largest student accommodation provider is reported to be close to announcing its purchase of the second largest retirement village operator, which was put for sale by its owner Brookfield Asset Management in June last year. The buyer...

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Ian Horswill

09 Jun 2025

Mergers & Acquisitions

Central Coast Legacy finalises $18.65M sale of Legacy Retirement Village in Gosford

Brisbane Water (NSW) Legacy Chief Executive Officer Peter Lawley OAM has told The Weekly SOURCE that Central Coast Legacy has a monthly lease back option for the 11,000msq block, 85km north of Sydney, for up to 12 months. The Not For Profit sold the...

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Ian Horswill

09 Jun 2025

Mergers & Acquisitions

SA Not For Profit Barunga Village Inc. acquires 42-bed aged care home

42-bed The Willochra Home aged care facility in Crystal Brook, 200km north of Adelaide, has been acquired by South Australian Not For Profit aged care provider Barunga Village Inc.

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Caroline Egan

05 Jun 2025

Aged Care

Care minutes are here to stay: Ansell Strategic’s latest board pack

With the re-election of the Labor Government, mandatory staffing targets are likely to remain in place for some time, predicts Cam Ansell, Managing Director of advisory firm Ansell Strategic in its Board Back for the March 2025 quarter.

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Caroline Egan

05 Jun 2025

Not for Profit

SA’s Lutheran Homes Group expands into Victoria with two regional retirement village and aged care home acquisitions

Adelaide-based aged care, home care, and retirement living provider Lutheran Homes Group (LHG) is expanding beyond South Australia for the first time, acquiring two stand-alone Lutheran retirement villages and aged care homes in regional Victoria..

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Lauren Broomham

01 Jun 2025

Mergers & Acquisitions

Eureka acquires its fourth all-age rental community with promise of more to come

In February, the nation’s only pure-play over-50s rental community provider announced its expansion into the all-ages rental market with the acquisition of Kin Kora, a mixed-use residential village and caravan park in Gladstone, 517km northwest of Brisbane.

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Ian Horswill

02 Jun 2025

Mergers & Acquisitions

Lendlease may have nibble for its 25% stake in village operator Keyton

The builder and developer, which has been under shareholder pressure to sell its remaining 25.1% stake in the retirement village operator for at least three years, is reported to have received a handful of approaches to buy it, according to The Australian.

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Ian Horswill

26 May 2025