Processing timeline
16
days
Acquirer(s)
OCHRE HEALTH PTY LIMITED ABN - 79 101 069 452
Target(s) or Vendor(s)
NEW LAMBTON FAMILY PRACTICE PTY LTD ABN - 50 151 311 581, Business and assets comprising New Lambton Family Practice, The trustee for Lual Services Trust ABN - 66 004 797 146
Other parties
Genesis Capital
Ochre Health Pty Limited, majority owned by private equity firm Genesis Capital, is acquiring the business and assets of New Lambton Family Practice. This transaction involves a general practice medical service in New Lambton, NSW, expanding Ochre Health's network of 69 medical centres across Australia.
Ochre Health Pty Limited ( Ochre Health ) proposes to acquire the business and all of the assets of New Lambton Family Practice ( NLFP ) through a business and assets acquisition agreement. 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 69 medical centres and urgent care clinics located in the ACT, NSW, Queensland, Tasmania and Victoria. Ochre Health group’s medical recruitment business, Ochre Recruitment Pty Limited, also works with hospitals and medical practices across Australia and New Zealand to source and place locum and permanent doctors across a range of specialities. Ochre Health is majority owned and controlled by Genesis Capital, an Australian-based private equity firm that invests in businesses operating in the healthcare sector. The target, NLFP is a general practice medical service operating from its premises in New Lambton, New South Wales. NLFP is currently owned and operated by New Lambton Family Practice Pty Ltd and the trustee for Lual Services Trust.