Gilbert + Tobin is pleased to be advising long-standing client Bain Capital on the proposed acquisition of aged care operator Estia Health Limited by way of scheme of arrangement for an enterprise value of A$959 million.
The G+T team is being led by partner Gail Christopher , with support from lawyers Victor Salman, Clare Azzopardi and Natan Skinner, and consultant Kishan Mathy. Speaking about the transaction, Gail commented,
"It was a privilege to have supported Bain Capital on the financing for this market leading transaction. This transaction demonstrates that recent volatility in the debt markets has not impacted lender appetite for supporting strong sponsors and investing in quality assets. Our congratulations to the Bain Capital team on their fantastic achievement.”
Recently, the Gilbert + Tobin Corporate Advisory team advised Bain Capital on the sale of its controlling stake in Retail Zoo , led by partners Tim Gordon and Ilona Hunnisett.