Healius in $30.5m sell-off

HEALIUS will sell Adora Fertility and three co-located day hospitals to funds managed by Liverpool Partners for $30.5m on a debt-free basis.

The deal with the NSW private equity investor comes months after the Australian Competition & Consumer Commission scuttled a $45m bid by Virtus Health to acquire the business. “The sale of Adora is in line with Healius’s strategy to simplify and realign its portfolio, enabling management to focus on development and growth in our core businesses,” said Healius’s managing director and chief executive, Malcolm Parmenter.