Zenitas Healthcare Pty Ltd

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Zenitas Healthcare Pty Ltd - overview

Established

1983

Location

Melbourne, VIC, Australia

Primary Industry

Healthcare

About

Zenitas Healthcare Limited is an Australian company focused on delivering high-quality healthcare services across various sectors, including disability support and aged care, enhancing the well-being of individuals in need. Zenitas Healthcare Limited specializes in providing comprehensive healthcare solutions, particularly in the disability and aged care sectors. Founded in 1983 in Melbourne, Australia, the company has evolved its business strategy over the years. On August 31, 2018, a consortium consisting of Adamantem Capital Management and Liverpool Partners acquired a 50% majority stake in Zenitas Healthcare for AUD 122.


2 million. The firm is co-led by CEOs Antonia Albanese and Duong Nguyen, with a notable history of collaboration in healthcare management. Zenitas Healthcare offers a range of services tailored to meet the needs of individuals requiring complex care, including Specialist Disability Accommodation (SDA) properties, personalized care solutions, rapid hospital discharge services, and 24/7 complex care support. Their services are designed to serve clients across various Australian states, including Victoria, New South Wales, Western Australia, Queensland, and South Australia, ensuring a broad accessibility of their healthcare solutions.


In the year 2019, Zenitas Healthcare reported a revenue of AUD 122,281,586. 60 and an EBITDA of AUD 4,778,693. 90, demonstrating their operational performance within the healthcare services sector. Revenue is primarily generated through direct service agreements with clients, ensuring a consistent income stream aligned with the specific needs of their clientele.


Zenitas Healthcare plans to leverage its recent AUD 122. 2 million funding received in August 2018 to support its growth strategies within the healthcare sector. The funding will facilitate the expansion of their service offerings and enhance their operational capabilities. Upcoming initiatives include the development of new products aimed at improving service delivery in the disability support sector.


The company is also exploring opportunities to expand its presence into new geographic regions to serve a wider audience, with specific targets to be identified as part of their strategic growth planning.


Current Investors

Adamantem Capital Management, LVP

Primary Industry

Healthcare

Sub Industries

Home Healthcare, Nursing Homes & Assisted Living

Website

www.zenitas.com.au

Company Stage

Mature

Total Amount Raised

Subscriber access only

Zenitas Healthcare Pty 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)
Corporate Carve Out, Secondary BuyoutAnnouncedPlena Healthcare Holdings Pty Ltd-
Public to PrivateCompletedZenitas Healthcare Pty Ltd-
Add-onCompletedPlena Healthcare Holdings Pty Ltd-

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Zenitas Healthcare Pty Ltd - employee data

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