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Haven sells aged care businesses to Catholic Healthcare

Russell Kennedy has advised The Haven Community Limited on the sale of its aged care, home care and retirement living businesses to Catholic Healthcare Limited.

January 11, 2019 • By Emma Musgrave
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Firms: Russell Kennedy Lawyers (The Haven Community Limited); HWL Ebsworth (Catholic Healthcare Limited); Ernst & Young (The Haven Community Limited)

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Deal: The Haven Community Limited (The Haven) has sold its aged care, home care and retirement living businesses, and associated land, to Catholic Healthcare Limited (Catholic Healthcare).

 
 

Value: Confidential

Area: M&A, aged care

Key players: The Russell Kennedy team was led by principal Solomon Miller and special counsel Rory Maguire, with assistance from principal Rosemary Southgate and senior associates Morgan Scholz and Abbey Burns.

Deal significance: This transaction comes after a strategic review was conducted by the board of The Haven as to how the company would continue its focus on affordable housing, with an emphasis on assisting other community organisations in the area.

“This is a significant and important transaction for The Haven and Catholic Healthcare, and for the aged care and retirement living market in the region,” commented Russell Kennedy lead partner Solomon Miller.

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“The transaction is a great demonstration of Russell Kennedy’s expertise in this industry and of our ability to manage cross-practice teams and advise clients on complex issues.”

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Emma Musgrave

Emma Musgrave

Author

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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