Not for Profit

Residents told to consider 2nd or 3rd preferences as Mercy Services’ Singleton aged care home set to close in March

Mercy Services has told the remaining residents of its Singleton aged care home, 200km north of Sydney, it is planning to close in only six weeks’ time.

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Caroline Egan

20 Feb 2025

Mergers & Acquisitions

VMCH purchases Andrew Philip’s final RCA retirement village

The Victorian Not For Profit finalised the acquisition of Point Cook Village in Melbourne’s western suburbs on Wednesday, 5 February. Point Cook Village was owned by RCA Villages, which has now sold all of its nine retirement villages with Bolton...

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Ian Horswill

06 Feb 2025

Mergers & Acquisitions

Unthinkable: Why a local Council is taking over an aged care home

Presbyterian Aged Care NSW & ACT (PAC) began selling off its aged care assets in 2021. In 2023, the Not For Profit announced it wanted to leave its Apsley Riverview Aged Care Facility in Walcha, a town at the southeastern edge of NSW’s Northern Tablelands, 425km from Sydney.

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Ian Horswill

06 Feb 2025

Mergers & Acquisitions

mecwacare buys vacant aged care home in Bendigo on market for nearly 12 months

Not For Profit mecwacare has acquired a 52-bed former Estia Health aged care home in Long Gully, Bendigo, which closed in 2023 and had been on the market for nearly 12 months.

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Caroline Egan

06 Feb 2025

Mergers & Acquisitions

St Andrews Village Ballina adds second Byron Bay aged care home

The NSW Northern Rivers-based Not For Profit took on the 41-bed Byron Aged Care home in Byron Bay, 35km north of its base in Ballina, last month as it refocuses its strategic plan on retirement living and residential aged care.

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Lauren Broomham

06 Jan 2025

Mergers & Acquisitions

Sale price for Kiama Council’s Blue Haven Bonaira aged care home slashed by $6M

Perth-based aged care provider Hall & Prior will pay $89 million for the Council-built 134-bed aged care home in Kiama, south of Sydney, down from the $95 million original price tag, after additional building defects were identified.

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Caroline Egan

11 Dec 2024

Mergers & Acquisitions

With its closest aged care home 1,200km away, St Vincent’s Care Services sells Townsville facility to Ozcare

Ozcare was established as part of the St Vincent de Paul Society Queensland in 1996 and nearly 30 years later has more than 50 locations throughout Queensland including 18 aged care homes, with several in and around Townsville

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Caroline Egan

11 Dec 2024

Mergers & Acquisitions

Shalain Singh returns to the seniors sector with $585M healthcare hub transaction

The senior adviser has established his own healthcare and real estate firm – Arrow Advisory Group – focused on primary care, medical centres, retirement living, residential aged care and hospitals – and has just completed a major deal...

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Lauren Broomham

28 Nov 2024

Mergers & Acquisitions

integratedliving acquires St Andrew’s home care operations in NSW Northern Rivers region

Home care specialist integratedliving has acquired the home care operations of Ballina-based Not For Profit St Andrew’s. In transitioning out of home care, St Andrew’s will retain its focus on residential aged care and retirement living on the NSW...

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Caroline Egan

14 Nov 2024

Mergers & Acquisitions

WA’s RAAFA acquires home care provider Perth Care and Companion Company

The Not For Profit operator is expanding its home care footprint with the purchase of Perth Care and Companion Company (PCCC), the first acquisition for CEO Michelle Fyfe who joined the organisation 12 months ago. As part of the acquisition...

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Lauren Broomham

14 Nov 2024

WEEKLY SOURCE

Mergers & Acquisitions

BaptistCare, Baptcare and Baptist Care SA set to become Australia’s third-largest, integrated care and services provider

Almost 18 months after BaptistCare NSW/ACT and Baptistcare WA merged, the Boards and executives of BaptistCare (NSW, ACT, WA), Baptcare (VIC, SA, TAS), and Baptist Care SA today announced they will merge to form a billion-dollar aged care and...

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Lauren Broomham

14 Nov 2024

Mergers & Acquisitions

Mercy Health buys out Bentley Wood Health and Aged Care’s homes in Victoria

Not For Profit Mercy Health, which operates 30 aged care homes across Victoria, New South Wales, Queensland and Western Australia, has acquired another two aged care homes - those of Bentley Wood Health and Aged Care, located in Yarrawonga and...

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Caroline Egan

30 Oct 2024

Mergers & Acquisitions

Goodwin hits a six with purchase of Araluen Retirement Village, Canberra

Canberra Retirement Villages has managed the 109-villa retirement village in Fisher, 15km southwest of the nation’s capital city centre, for more than 20 years. “It made strategic sense for us bringing Araluen into the Goodwin family as this...

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Ian Horswill

29 Oct 2024