One Aged Care Buys Active Global to Expand Home Care Services in Singapore
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One Aged Care, a senior healthcare services group backed by TGP, has acquired Active Global, a provider of professional home and community-based care services in Singapore. The deal shows growing interest in senior care as Singapore's population continues to age.
Active Global offers care services to older people who live at home or in their local community. These services help people with daily activities and support their health while they stay in familiar surroundings. Home and community care is becoming more important in Singapore, because many families want their elderly relatives to remain at home for as long as possible.
With this acquisition, One Aged Care strengthens its presence in the local senior care market. The company is a senior healthcare services group, and its ownership by TGP, a private investment firm, means that outside investment is playing a role in the sector. Details about the price of the deal and any changes to staff or services have not been included in the available reports.
The acquisition is one example of how the senior care industry in Singapore is changing. As demand for care grows, providers are looking for ways to offer more services to more families. Readers who need information about home care options can contact the relevant providers or government agencies for more details.
Sources: Healthcare Today
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