Christmas has come early for Pacific Equity Partners.
Street Talk can reveal the Sydney buyout firm has gained exclusivity over a 50 per cent stake in Australia’s largest residential aged care provider, Opal HealthCare, which was put up for sale in July by its investors including Singapore’s GK Goh Holdings and AMP Capital-owned funds.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
