Regis to acquire Victorian home care business
| Stock | Regis Healthcare Ltd (REG.ASX) |
|---|---|
| Release Time | 3 Aug 2026, 8:37 a.m. |
| Price Sensitive | Yes |
Regis Healthcare to Acquire Royal Freemasons Home Care Business
- Regis to acquire Royal Freemasons' home care business with 480 clients
- Acquisition expected to boost annual home care revenue by over $10 million
- Transaction funded from existing cash
- Completion expected in 2Q FY27
Regis Healthcare Limited (ASX: REG) has announced a binding agreement to acquire the home care business of Royal Freemasons Homes of Victoria, a not-for-profit provider of Support at Home (SaH) and Commonwealth Home Support Programme (CHSP) services. The acquisition, which includes approximately 480 clients, is expected to increase Regis' home care revenue by more than $10 million, bringing the annualised revenue to approximately $50 million. The transaction will be funded from Regis' existing cash and is expected to complete in the second quarter of the 2027 financial year, subject to regulatory approvals and other customary conditions.
Regis expects to increase home care revenue by over $10 million in FY27.
Regis believes the acquisition will benefit from key industry tailwinds including an ageing population and increased government funding.