Deal profile | Gadens advises Vacenti on successful sale of aged care homes to Estia Health

Gadens is pleased to have advised Vacenti Aged Care (Vacenti) on the successful sale of its portfolio of seven residential aged care homes to Estia Health, a leading national aged care provider.

The portfolio comprises six operating homes located across Brisbane suburbs, Hamilton, Coorparoo, Carindale, Mount Gravatt East, Victoria Point, and Birkdale, as well as a newly developed aged care home in Cleveland. Estia Health will assume operations from mid-October 2025.

Founded and operated by the Casagrande family for over 50 years, Vacenti has been a trusted provider of aged care services in Queensland. This transaction marks a significant milestone in the family’s legacy and the continued evolution of aged care services in the region.

Gadens advised Vacenti on all legal aspects of the transaction, including due diligence, contract negotiation and structuring, and completion matters.

Commenting on the transaction, Vacenti CEO, Julian Casagrande said:

“We are proud of our family’s legacy of providing dedicated care in the Brisbane community for over five decades. Our partnership with Gadens throughout the transaction from due diligence through to completion ensured a seamless and well-structured transition, and we are grateful for their expertise and guidance. As Estia Health assumes operations, we are confident that residents, families, and staff will continue to benefit from exceptional care and service.”

Vacenti and Estia Health are committed to working closely together to ensure a smooth and supportive transition for residents, their families, and employees.

Lead partner Winnie Sinn said:

“We are pleased to have supported Vacenti and the Casagrande family on this significant milestone. The successful sale of its aged care facilities to Estia Health marks not only the next chapter for Vacenti’s legacy of care in Queensland, but also ensures continuity and quality of service for residents and their families.”

Practice groups: Corporate, Real Estate and Construction

Key team members: Corporate partner Winnie Sinn led on the transaction alongside Property partner Andrew Mackenzie, supported by senior associates Rob Wilson and Wendy Cheng, associates Alyssandria Lim and Edward Bartlett, and paralegal Niamh Kearney.