Qestral Corporation Ltd.

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Qestral Corporation Ltd. - overview

Location

Christchurch, -, New Zealand

Primary Industry

Healthcare

About

Qestral Corporation Ltd. specializes in developing and operating lifestyle retirement villages across New Zealand, focusing on health, wellness, and community engagement for retirees. Qestral Corporation Ltd. is dedicated to creating lifestyle retirement villages tailored for retirees.


Based in Christchurch, New Zealand, the company has undergone strategic growth since its inception. The 2019 investment from Direct Capital reflects its commitment to enhancing services and expanding its operations. Qestral Corporation specializes in the development and operation of lifestyle retirement villages across New Zealand, including locations such as Burlington, Alpine View, Banbury Park, Coastal View, and Ashbury Heights. The company’s core offerings encompass state-of-the-art, single-storey residential facilities designed for retirees, featuring spacious homes with varied layouts, private outdoor living areas, and direct access to tranquil gardens.


Qestral integrates advanced healthcare technology, such as Spritely remote telehealth devices, allowing residents to monitor their health and connect with healthcare professionals and fellow residents seamlessly. The target customer base primarily consists of retirees seeking comfortable, stylish living environments that promote health and wellness. Additionally, Qestral's facilities cater to an engaged community life, providing a diverse range of activities and events that address the social and recreational needs of older adults. The primary geographical market for Qestral’s offerings is New Zealand, with ongoing developments in multiple urban areas to enhance accessibility for potential clients.


Revenue generation for Qestral Corporation is derived from the sale and leasing of residential units within its retirement villages, along with subscription fees associated with its wellness programs, such as the award-winning TRILife Wellness Programme. Transactions typically involve direct-to-consumer sales, where retirees purchase or lease living spaces tailored to their preferences, complemented by ongoing service subscriptions for access to health monitoring technology and community activities. The company structures its pricing around these residential options and wellness services, aiming to provide value through a well-rounded living experience. With a focus on promoting health, happiness, and community engagement, Qestral's revenue model effectively aligns with its mission to cater to the needs of New Zealand's aging population.


Following the investment from Direct Capital in February 2019, Qestral Corporation plans to utilize these funds to enhance their retirement village offerings and expand into new regions within New Zealand. The company is actively designing new retirement village facilities that will incorporate the latest wellness technologies, with a focus on creating more community-centric environments. Qestral aims to increase its footprint in urban areas by 2025, thereby enriching the lives of more retirees across the country.


Current Investors

Direct Capital

Primary Industry

Healthcare

Sub Industries

Home Healthcare, Nursing Homes & Assisted Living

Website

www.qestral.co.nz

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Qestral Corporation Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedQestral Corporation Ltd.-

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