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Medibank acquires in-home care provider
Lander & Rogers has advised Medibank on its acquisition of an Australian providers of in-home care, Home Support Services.
Grace Ormsby
Firm: Lander & Rogers (Medibank); HWL Ebsworth (Home Support Services)
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Deal: Lander & Rogers advised Medibank on its acquisition of Home Support Services.
Value: Confidential
Area: M&A, healthcare
Key players: Jackie Solakovski was Lander & Rogers’ lead partner on the deal. Partners Lisa Gaddie and Daniel Proietto were on board, as were senior associates Jessica Ryde, Nuala Same and Christian Mooney. Lawyers Joshua Butler and Lynden Albiston made up the team.
Deal significance: Home Support Services is one of Australia’s leading national providers of in-home care, according to a Lander & Rogers statement.
The deal involved significant restructure of the vendor group prior to completion, which required legal assistance for issues and negotiation of additional transaction documents.
Legal advice was provided to Medibank on matters related to due diligence, transaction documents and completion.
Lander & Rogers M&A partner and lead on the deal, Jackie Solakovski said the firm was “delighted to have again worked with the Medibank team in its second acquisition in the in-home care sector.”
“It is great to have partnered with Medibank as they make this strategic acquisition in this important area of growth, which will offer customers more choice in where they receive medical care.”
