Paragon Care hopes for $3m with convertible notes issue

Mar 17 2010 Updated July 4, 2023

The Weekly Source

1 min read

Paragon operates as Axishealth, Lifetime Planning and Tender Living. The proceeds from the notes issue, with a coupon rate of 11% per year, should allow Paragon to complete the purchase of Iona Medical Products Pty Ltd and Volker (Australia) Pty Ltd.

Keyton’s thought leadership in a sea of misunderstanding on what retirement villages are

Why has Keyton for the second year financed a Future of Retirement Living roundtable in Canberra plus a full page in the Australian? They identify two major problems: bureaucrats still don’t understand what retirement villages are and don’t...

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Ian Horswill

21 Oct 2025

Government Policy

No excuse for providers to not be ready on 1 November: Aged Care Minister Sam Rae

Aged Care Minister Sam Rae has told ABC radio the Aged Care Rules have been in place for “a significant amount of time” and the Government has been listening to and supporting to the sector, “so, there really isn’t an excuse from any provider to not be prepared for 1 November”.

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Caroline Egan

23 Oct 2025

Mergers & Acquisitions

Aged care consolidation continues: Regis Aged Care on the march

The ASX-listed operator has entered into binding agreements to acquire family-owned OC Health’s two remaining aged care homes for $45 million plus a $36 million liability for RADs. The purchase of Ocean Mist, in Torquay, a seaside town southwest of...

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Caroline Egan

23 Oct 2025

Opinion

Aged care beds going backwards – where’s the outrage?

StewartBrown just dropped a number that should jolt the sector: average time on a Home Care Package has plunged from 3.6 years in FY24 to 2.4 in FY25. That’s not a tweak – it’s a cliff. And it speaks to the same uncomfortable truth across...

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Lauren Broomham

23 Oct 2025

Lincoln Place hits $44M in development acquisitions in nine months

Land lease community operator Lincoln Place, founded in 2019 by Ben Hindmarsh and Nicholas Collishaw, has added another major project to its pipeline, acquiring a 16.3-hectare greenfield site in Wangaratta, 98km from Shepparton, Victoria.

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Ian Horswill

31 Oct 2025

Mergers & Acquisitions

Prices for aged care homes in demand “far exceed” recent valuations

Aged care homes are selling for prices well above their most recent valuations, fuelling a surge in merger and acquisition (M&A) activity across the sector, according to aged care consultancy Pride Aged Living.

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Caroline Egan

29 Oct 2025

Mergers & Acquisitions

Benetas acquires aged care site at Keyton’s Sherwin Rise retirement village in VIC

Benetas will develop, own and operate a new residential aged care home within Keyton’s Sherwin Rise retirement village at Wollert, 25km north of Melbourne’s CBD – extending a continuum of care to village homeowners and the broader North Melbourne community.

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Caroline Egan

29 Oct 2025

Mergers & Acquisitions

AlayaCare acquires Nightingale Software to deepen its aged care footprint in ANZ

Aged, home and community care platform AlayaCare has acquired Nightingale Software, strengthening its position across Australia and New Zealand’s aged care, home care and disability sectors.

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Caroline Egan

27 Oct 2025