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New Deal


Announced

Possability to merge with Lifestyle Solutions.

Financials

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Transaction Value-
Consideration Type-
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Capital Bid For100%
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EV/EBITDA-
Share Price Premium-
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Tags

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Australia

Acquisition

Majority

Pending

Domestic

Health Care Facilities

Private

Merger

out-of-home care

Friendly

Synopsis

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Possability, a disability services provider, agreed to merge with Lifestyle Solutions, an out-of-home care provider. Financial terms were not disclosed. “This partnership between Lifestyle Solutions and Possability will bring together two great organisations that share a deep and abiding commitment to empowering people to live fulfilling lives and achieving their goals. Whether you are a person we support, or an individual or team who delivers our services, this partnership will create opportunities to enhance your experience with us. As our two organisations move forward as partners, I hope we can feel a sense of excitement for the positive outcomes that we can achieve together,” Tony Pearson, Lifestyle Solutions Chairman.

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