Topic - Aged Care

Hammondcare commits $30M to build its first VIC care facility at Caulfield Hospital

Oct 21 2014 Updated May 3, 2023

The Weekly Source

1 min read

NSW based Hammondcare will acquire the 150 residential aged care places at Caulfield Hospital and construct a $30 million care facility. While they have 3000 clients in New South Wales, this is Hammondcares first facility in VIC.

Former Estia Health boss appointed CEO of Melbourne aged care operator Mayflower

Not For Profit aged care operator The Mayflower Group, which has three aged care homes and one retirement village in Melbourne, has announced the appointment of global health and aged care leader Paul Gregersen (pictured above) as its new CEO. Paul...

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Caroline Egan

16 Jun 2025

Opinion

War of words threatens every retirement village with a big financial hit

The council for a tourist city in Queensland, which has seven retirement villages, shows no care for residents as it creates new rules that will cost $60+ million p.a. nationally. The Retirement Living Council has been on the residents’ side in an...

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Ian Horswill

10 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

Funding

Land lease operator GemLife’s IPO to surpass Virgin Australia, with 3 July listing confirmed

Adrian Puljich, his father Peter and Singapore diversified company Thakral Corporation opened talks on the possibilility of becoming a publicly listed business in April. A prospectus for the float will be lodged with the Australian Securities and...

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Ian Horswill

16 Jun 2025

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

Topic - Acquisitions

Mergers & Acquisitions

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

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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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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