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New Deal


Announced

Little Company of Mary Health Care to acquire Japara Healthcare for $380m.

Financials

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Transaction Value£273m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Health Care Services

Friendly

Public

Australia

aged care

Majority

Single Bidder

Pending

Domestic

Scheme

Synopsis

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Little Company of Mary Health Care, a charitable Catholic not-for-profit organisation, providing acute health services, offered to acquire Japara Healthcare, an Australian aged care operator, for $380m. "Over the next few months, Japara will seek broad shareholder and court approval. While we still have a way to go, this is very encouraging and another step to further establish our integrated care model across residential, community and hospital services. Calvary is in an exciting phase of growth which includes playing our part in the future delivery of health, aged and community care services across Australia," Martin Bowles, Calvary National CEO.

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