TAH confirms acquisition of Cicada Health Limited
28 August 2025
TAH confirms acquisition of Cicada Health Limited
Third Age Health Services Limited is pleased to announce the acquisition of a 70% stake in Cicada Health
Limited (Cicada Health).
Cicada Health provides medical services to aged residential care facilities in the Bay of Plenty region. This
acquisition is intended as a bolt-on to Third Age Health’s existing Aged Residential Care (ARC) business.
The total consideration for the 70% stake is $875,000 (prior to working capital adjustments), of which
$218,750 is deferred for 12 months. The acquisition is expected to be funded using the company's line of
credit, and completion is scheduled for 1 September 2025.
Authorised for release by:
John Fernandes
Chairman
johnf@thirdagehealth.co.nz
About Third Age Health
Third Age Health is New Zealand’s only specialised provider of general practice health care services for older people living in retirement
villages, private hospitals, secure dementia units as well as in communities across New Zealand. A dedicated Third Age Health clinical team
provides onsite clinics, rostered rounds and after hours on-call healthcare services aimed at supporting the health and wellbeing of older
people to improve quality of life. As well as providing clinical services for 90 aged care facilities throughout New Zealand, Third Age Health
owns several general practices providing quality primary healthcare to people of all ages.
www.thirdagehealth.co.nz
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