KKR rumoured to be buyer of Macquaries Regis Aged Care stake for $170M
The international interest in Australian private aged care accelerates. Americas Kohlberg Kravis Roberts has a formidable reputation as a global private equity firm buying cornerstone stakes in businesses and then progressively re-engineering them...
The international interest in Australian private aged care accelerates. Americas Kohlberg Kravis Roberts has a formidable reputation as a global private equity firm buying cornerstone stakes in businesses and then progressively re-engineering them for resale. They include companies like Safeways, Duracell and Nabisco. This year they have bought into what was Americas largest retirement village operator pre-GE FC, Sunrise, and last year here in Australia they bought into Genesis Care. Now they are doing due diligence to purchase 46% of Regis Aged Care from Macquarie Bank affiliate Macquarie Capital Alliance Group. Regis has 45 care facilities.
