Sarina Aged Care is a not for profit organisation operating in Sarina, Queensland since 1991.
As a small community owned provider, Sarina Aged Care had worked hard to provide excellent services and create a strong financial position.
However, in the light of legislative and regulatory changes and increasing residents with complex
care needs, the Board considered it was time to seek out a new owner.
They sought a reputable provider with the size and scale to deal with the growing demands of operating aged care facilities.
CBA guided Sarina Aged Care through the phases of an acquisition, from preparation to completion:
“An extremely successful transition thanks to Community Business Australia. Their trusted guidance and support gave us – a small regional community provider – the confidence and resources to see this decision through. Community Business Australia provided us with a structured process and extensive support across strategy development and coordination; clinical compliance; workforce transition; financial analysis; legal compliance; and communications. Community Business Australia’s search for a new owner has been very proactive, thorough, and considered.”
“Although it was a difficult call, which involved much deliberation and care on our behalf, it was one we had to make to ensure long term, quality aged care access for our community. At the end of the process, we are assured that our hard work has paid off. Our commitment to the community can continue under the stewardship of Ozcare. We are immensely satisfied with our decision, and Community Business Australia’s expert guidance and the project outcome.”
Ralph Johnson – Board Chair