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Latest Case

Providing strategic advice on expansion structures November 16, 2018

Founded in Bondi Beach in 2012, Bailey Nelson has rapidly grown into a global eyewear retailer and service provider with boutiques in Australia, London, Canada and New Zealand. The strong demand for their products and … Continued

Latest News

Maddocks appoints restructuring and insolvency partner in Sydney January 14, 2019

Monday 14 January  Maddocks has appointed its second new partner in a month with the appointment of Danielle Funston. Danielle is a restructuring and insolvency lawyer who advises clients on recoveries, liquidations, corporate restructuring and … Continued

Latest Article

Made in Australia: Tightened restrictions on the use of country of origin labels January 14, 2019

The recent decision of Nature’s Care Manufacture Pty Ltd v Australian Made Campaign Limited by the Federal Court of Australia has provided much needed guidance on the requirements for ‘Made in Australia’ and other country … Continued

Advising on the sale of aged care facilities

There has been a significant period of consolidation in the healthcare industry, particularly in residential aged care.

The operating environment is challenging, with high levels of regulatory scrutiny and minimal recent growth in Commonwealth funding.

These factors are driving consolidation in the sector with ASX-listed operators and well-resourced not-for-profit groups striving to reach optimal size and scale, particularly in key population centres.

Maddocks recently advised New South Wales-based aged care provider Riviera Health in the sale of its residential aged care portfolio to Japara Healthcare Limited.

Under the deal, Japara acquired five aged care facilities in New South Wales, including 507 bed licences from Riviera.

The competitive sale process saw interest from a broad cross-section of the sector.

The Maddocks team on the matter was led by Healthcare sector leader Lucille Scomazzon and partner Aaron Kloczko with Bronwyn Badcock (partner, Property), Angela Tao (senior associate, Property) and Lucy Taylor (lawyer, Commercial).

There has been a significant period of consolidation in the healthcare industry, particularly in residential aged care.

The operating environment is challenging, with high levels of regulatory scrutiny and minimal recent growth in Commonwealth funding.

These factors are driving consolidation in the sector with ASX-listed operators and well-resourced not-for-profit groups striving to reach optimal size and scale, particularly in key population centres.

Maddocks recently advised New South Wales-based aged care provider Riviera Health in the sale of its residential aged care portfolio to Japara Healthcare Limited.

Under the deal, Japara acquired five aged care facilities in New South Wales, including 507 bed licences from Riviera.

The competitive sale process saw interest from a broad cross-section of the sector.

The Maddocks team on the matter was led by Healthcare sector leader Lucille Scomazzon and partner Aaron Kloczko with Bronwyn Badcock (partner, Property), Angela Tao (senior associate, Property) and Lucy Taylor (lawyer, Commercial).