Bain Capital, a leading global private investing firm, announces it has entered into an agreement to sell Australian aged care provider Estia Health to alternative investment firm Stonepeak. Bain Capital acquired Estia Health in December 2023. The company is one of Australia’s leading residential aged care providers, operating homes across New South Wales, Queensland, Victoria, and South Australia. During Bain Capital’s investment period, Estia Health has grown from 73 homes with approximately 6,720 residents to 93 homes and approximately 9,250 residents. More than 14,000 people are now employed across the business.
Read the full article: Bain Capital to Exit Estia Health //
Source: https://www.baincapital.com/news/bain-capital-exit-estia-health