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Crazy brave Bain is going again (this time in aged care)

Aged care operator Estia Health has been a basketcase of a listed company and is headed back to where it belongs: in private hands.

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Got a vanilla buyout? Don’t call Bain Capital.

Fresh from taking its equity out of Virgin Australia, Bain Capital’s Australian team is back with another difficult assignment: turning around aged care operator Estia Health.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/crazy-brave-bain-is-going-again-this-time-in-aged-care-20230807-p5dugr