BaptistCare to acquire three PAC sites
BaptistCare is adding two villages and an aged care home to its expanding portfolio with more services from Presbyterian Aged Care.
BaptistCare has entered into an agreement to acquire a retirement village and aged care home in Drummoyne, and a retirement village in Ashfield – all in Sydney’s inner-west – from Presbyterian Aged Care.
The deal comes a year after BaptistCare acquired PAC’s home care services in the Sydney metro, Illawarra and New England regions and a fortnight since the completion of the merger with Baptcare (VIC, TAS, SA) and Baptist Care SA to form Australia’s third largest integrated care and service provider.
The latest acquisition includes Iona Village in Drummoyne, which has eight independent living units, Pitt Wood Village in Ashfield, which has 25 units, and 66-bed aged care home in Drummoyne, Minnamurra.
BaptistCare will take over operations in June. In the meantime, the multi-state provider said it would spend the next few months working closely with the onsite teams to ensure a smooth transition for residents, including offering employment to existing employees – which number 100 across the three sites.
PAC is committed to facilitating a gradual journey of change for valued residents and staff, said executive chair Margaret Mackenzie.
“We have a strong history of collaboration with BaptistCare, having successfully transferred our home care business and Ashfield-based residential aged care home in 2024. We’re pleased to share the same values and principles, ensuring the continued delivery of the high standards of care that Presbyterian Aged Care has been known for,” said Ms Mackenzie.
BaptistCare chief executive officer Charles Moore said he was very excited to welcome residents and employees across the Ashfield and Drummoyne sites into the BaptistCare family.
“We are excited to expand our presence in the inner west and continue building on the strong foundation of care already in place at these locations,” he said.
“Our priority is to honour the legacy of care established by Presbyterian Aged Care while bringing our People First approach to support both residents and employees in this next chapter,” said Mr Moore of the transition.
BaptistCare employs over 12,000 employees and supports over 38,000 customers across NSW, the ACT, Victoria, Tasmania, South Australia, and Western Australia. Upon completion of this acquisition it will operate 34 retirement villages and 50 aged care homes.
Presbyterian Aged Care has been divesting its portfolio since late 2022 when it announced a proposed merger with Anglicare Sydney. In November 2023, Anglicare Sydney did acquire PAC’s award-winning site The Terraces in Paddington in Sydney’s east to Anglicare in November 2023. PAC has three villages and no aged care homes remaining according to its website.
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