Stonepeak Completes Acquisition of Estia Health

SYDNEY - October 30, 2026 - Stonepeak, a leading alternative investment firm specializing in infrastructure, today announced the completion of its previously announced acquisition of Estia Health, one of Australia's leading residential aged care operators, alongside minority co-investor Axight Capital Limited.

"We are delighted to have completed this transaction, in line with Stonepeak's strong commitment to Australia's aged care sector," said Darren Keogh, Senior Managing Director at Stonepeak. "We look forward to working closely with Estia Health's talented leadership team, bringing our capital, sector expertise, and long-term investment approach, to continue delivering for residents, their families, and employees."

Estia Health is one of Australia's leading residential aged care providers, operating 97 homes across South Australia, Victoria, New South Wales and Queensland, and caring for over 14,500 residents every year. Estia Health is headquartered in Sydney and employs over 15,000 people. Estia Health represents the second investment for Volarae Living, Stonepeak's social infrastructure platform in Australia and New Zealand, following its February 2026 investment in Aura Holdings.

About Stonepeak
Stonepeak is a leading alternative investment firm specializing in infrastructure with approximately A$141 billion (US$98 billion) of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors, which include digital infrastructure, energy and energy transition, transport and logistics, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh. For more information, please visit www.stonepeak.com.

Media Contacts

For Stonepeak:
Maya Brounstein
[email protected]
+1 (646) 540-5225

James Strong
[email protected]
+61 448 881 174