Post by Herbert Smith Freehills Kramer

We have advised Axight – an Abu Dhabi-based private equity investment manager focused on the Asia-Pacific region – on its acquisition of a minority stake in Estia Health from Bain Capital as part of a Stonepeak-led consortium. Axight was established by Lunate, a global investment firm with over US$115 billion in assets under management. The transaction, which is subject to customary regulatory approvals, marks Axight’s second investment in the Australian market and represents a significant investment in one of Australia’s largest residential aged care providers. The HSF Kramer Corporate team was led by partners Tom Laidlaw Hoare and Raji Azzam and senior associate Simone Gould. They were supported by solicitors James Webb and Zoe Feldman. The HSF Kramer Tax team was led by partners James Pettigrew and Jay Prasad. They were supported by solicitor Coco Frohlich. Read more: https://lnkd.in/gr74f6AJ