Stonepeak-led consortium - Estia Health

MN-50026

A consortium comprising investment funds advised and/or managed by affiliates of Stonepeak Partners LP (together with its affiliates, **Stonepeak**), and a fund managed by Axight Capital Limited (**Axight**), propose to acquire 100% of the issued share capital of Estia Health Holdings Ltd (**Estia**) (the **Acquisition**). Stonepeak is a global alternative investment firm specialising in infrastructure and real assets. Stonepeak has an interest in Aura Holdings, a retirement village developer and operator in Queensland. Estia is the ultimate holding company of the Estia corporate group, which operates residential aged care homes in Australia. Estia operates 94 homes nationally, with operations in Queensland, New South Wales, Victoria and South Australia. Estia is currently majority owned by Bain Capital Private Equity. Axight is an Abu Dhabi-based investment fund manager established by Lunate, an Abu Dhabi asset management firm. Axight operates as Lunate’s dedicated Asia-Pacific investment platform. Axight and Lunate do not hold any interests in any residential aged care business in Australia.