Estia Health is an Australian aged care operator floated by Quadrant Private Equity in December 2014 when it was valued at $725 million.[1]
It operates 75 facilities across Australia and is listed on the Australian Securities Exchange.
History
It was founded by Peter Arvanitis.[2] He resigned in 2016.[3]
In 2018 it had the largest proportion of women in its executive team.[4] The company lost about a sixth of its value in September 2018 when the government announced a public inquiry into misconduct in the aged care sector,[5]