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. Click here 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 Click here Caroline Egan 19 Jun 2025
Mergers & Acquisitions Southern Cross Care Broken Hill operations formally transferred to Southern Cross Care Queensland Click here 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. Click here 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... Click here 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... Click here 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. Click here 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.. Click here 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. Click here 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. Click here Ian Horswill 26 May 2025
Mergers & Acquisitions Parties interested in buying Keyton’s Western Australian retirement villages in due diligence The leading retirement village operator’s decision to sell its entire portfolio of 10 retirement villages in Western Australia was made in September last year. “They are still on the market with interested parties doing due diligence. That’s all we can say at this point,“ said Keyton spokesperson. Click here Ian Horswill 26 May 2025
Mergers & Acquisitions Legal & General acquires 75% stake in owner of land lease operator Vantage Vantage is AVID Property Group’s land lease community brand, which has marked its first year in the burgeoning sector. AVID spent $284.5 million to buy eight Living Gems communities to announce the brand in March last year, adding it had earmarked... Click here Ian Horswill 26 May 2025
Mergers & Acquisitions DevCore unveils plans for 1,200 land lease homes across NSW and QLD Property developer DevCore has revealed a pipeline of at least 1,200 land lease homes, to be delivered across six future communities in New South Wales and Queensland. Founded by former Rawson Homes executives Peter, Lawrie and Mark Rawson, DevCore... Click here Lauren Broomham 19 May 2025