Ansell Strategic was engaged by a leading South Australian retirement living / aged care operator to assist in the divestment of its 11 nursing homes. In one of the country’s largest asset sales, we leveraged our close connections to shortlist credible potential acquirers with the scale and resources capable of managing a transaction of this magnitude.
We were able to secure a price well in excess of client expectations. Despite the size of the transaction, the process was managed under strict confidentiality. The transition resulted in the retention of ECH site staff and subsequent capital enhancement that have continued ECH’s high priority to resident satisfaction.