Stonepeak is in advanced talks to acquire Australian aged-care operator Estia Health for A$2.5 billion ($1.8 billion), according to Mingtiandi, sourcing The Australian. The deal would mark a significant return for Boston-based Bain Capital, which took Estia private in 2023 for A$838 million ($601 million).
Estia operates more than 90 aged-care homes serving more than 10,000 residents across Australia. The acquisition would expand Stonepeak’
