You have4 free articles left this month.
Register for a free account to access unlimited free content.
You have 4 free articles left this month.
Register for a free account to access unlimited free content.

Lawyers Weekly - legal news for Australian lawyers

Powered by MOMENTUM MEDIA
lawyers weekly logo

Powered by MOMENTUM MEDIA

Sydney Surgical Centre sold to Cura Day Hospitals Group

National law firm Hall & Wilcox has advised Captia Pty Limited as the trustee of the Captia Trust in relation to the sale of Sydney Surgical Centre to the Cura Day Hospitals Group.

user icon Jerome Doraisamy 07 March 2023 Big Law
expand image

Firm: Hall & Wilcox (Captia).

Deal: The Sydney Surgical Centre has been sold to the Cura Day Hospitals Group, with Captia being advised in relation to the sale, including the transfer of the lease, employees and business and assets, liaising with the solicitors who acted for the vendors, the shareholders and unitholders.

Area: Corporate

Value: Undisclosed

Key players: The Hall & Wilcox team was led by partner Alison Choy Flannigan, who was supported by partner Mark Petrucco and lawyers James Blok and James Pinkerton, as well as partner Maurice Doria and lawyer Lada Notova.

Deal significance: Speaking about the sale, Ms Choy Flannigan said: “One of the challenges of this deal was working with so many stakeholders, and COVID-19 caused a lot of disruption to the private hospital market. The sale was a great result for all concerned.”

Captia chair Stephanie Watson added: “Sydney Surgical Centre was established by the medical practitioner group of shareholders to provide excellence in care to patients having surgery.

“We are pleased that the sale to Cura enables the centre to continue providing high-quality patient care and support to our staff and surgeons. Working with Hall & Wilcox enabled us to realise these gains from the sale. We were grateful for the expertise of the team led by partner Alison Choy Flannigan.”

And Sydney Surgical Centre chief executive Tony Scaramuzza said: “Alison Choy Flannigan’s specialised experience and understanding of the private hospitals and health care sectors, supported by the breadth and strength of the Hall & Wilcox team, was instrumental in navigating this complex transaction and achieving an excellent outcome for our patients, doctors, staff, suppliers and shareholders.”

We're evolving — and so should your insights. Heads up — Lawyers Weekly is going premium from 1 May for just $5 a month. Stay informed without missing a beat. More information coming soon.

Jerome Doraisamy

Jerome Doraisamy

Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: jerome.doraisamy@momentummedia.com.au 

Comments (0)
    Avatar
    Attach images by dragging & dropping or by selecting them.
    The maximum file size for uploads is MB. Only files are allowed.
     
    The maximum number of 3 allowed files to upload has been reached. If you want to upload more files you have to delete one of the existing uploaded files first.
    The maximum number of 3 allowed files to upload has been reached. If you want to upload more files you have to delete one of the existing uploaded files first.
    Posting as
    You need to be a member to post comments. Become a member for free today!