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WA-15012

Ochre Health / Telegraph Road Clinic, Bracken Ridge QLDWA-15012

View on ACCC

Processing timeline

12

days

Filed

26 Mar 2026

Notification waiver determination published

Decision

7 Apr 2026Notification waiver determination published
Type
Waiver
Outcome
Approved
Stage
Waiver application
Status
Assessment completed

Parties

Acquirer(s)

OCHRE HEALTH PTY LIMITED ABN - 79 101 069 452

Target(s) or Vendor(s)

TELEGRAPH ROAD MEDICAL SERVICES PTY LTD ABN - 53 107 416 080, The Trustee for TELEGRAPH ROAD MEDICAL SERVICES UNIT TRUST ABN - 94 428 158 606

Other parties

RAINLEIGH PTY LIMITED ABN - 41 056 364 679, Genesis Capital

Summary

Ochre Health Pty Limited, majority owned by private equity firm Genesis Capital, is acquiring the business and assets of Telegraph Road Clinic in Bracken Ridge, Queensland. This asset acquisition expands Ochre Health's general practice medical services network, with the target owned by Telegraph Road Medical Services Pty Ltd.

Acquisition details

Ochre Health Pty Limited ( Ochre Health ) proposes to acquire the business and all of the assets of the Telegraph Road Clinic ( TRC ) in Bracken Ridge, Queensland, through a business and assets acquisition agreement (the Acquisition ). The acquirer, Ochre Health, supports independent doctors to provide general practice medical services in regional, rural and urban communities around Australia. Ochre Health currently operates 68 medical centres and urgent care clinics located in the ACT, NSW, Queensland, Tasmania and Victoria, but currently does not operate any medical centres or urgent care clinics within 10km of TRC in Bracken Ridge, Queensland. Ochre Health Group’s medical recruitment business, Ochre Recruitment, also works with hospitals and medical practices across Australia and NZ to source and place locum and permanent doctors across a range of specialities. Ochre Health is majority owned and controlled by Genesis Capital ( Genesis ), an Australian-based private equity firm that invests in businesses operating in the healthcare sector. Genesis’s investments also include Holdsworth House Medical Group ( Holdsworth House ), which operates a general medical practice in Fortitude Valley, Brisbane and another general medical practice in Sydney which is co-located with a medical research centre, specialist medical clinic and dentistry clinic. The target, TRC, is a family medical practice providing comprehensive general practice medical care from its clinic located in the Bracken Ridge Plaza, Shop 26, 250 Telegraph Road, Bracken Ridge, Queensland, and home visits to nearby patients (within a 3km radius of the clinic). TRC is owned and operated by Telegraph Road Medical Services Pty Ltd as trustee for Telegraph Road Medical Services Unit Trust.

Industry

Broad:Healthcare & Life SciencesANZSIC 8511:General Practice Medical Services

Decisions and key events

7 Apr 2026Notification waiver determination publishedAttachmentPDF148.5 KB

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