Backed by private equity, the Adelaide-based retirement village operator is accelerating its push into assisted living, starting with its next project.

Torrens Living is preparing to expand its footprint in South Australia’s assisted living sector, with Council due to approve its next major project – a boutique retirement village in Kingswood, just 5km south of the Adelaide CBD.

Known for delivering upmarket assisted living at its flagship Gaynes Park Suites, Torrens Living is backed by Torrens Capital, a local private equity firm led by Managing Director Joel Hepburn-Brown.

The group specialises in investing in small to medium-sized businesse