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TAH confirms acquisition of Cicada Health Limited

M&A28 August 2025TAHConsumer Discretionary

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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