Anchorage Capital Partners entered into an unconditional agreement to acquire Community Health Division from Green Cross Health Limited (NZSE:GXH) for an Enterprise Value of NZD 50 million on February 22, 2023. Community Health division has reported NZD 192 million in last financial year. The transaction is expected to in the current financial year (ending 31 March 2023). Harmos Horton Lusk advised Green Cross Health Limited on the sale of its Community Health division to Anchorage Capital Partners. The Harmos Horton Lusk team led by Annie Steel acted as legal advisor and Ernst & Young Group Limited acted as financial due diligence provider to Green Cross Health Limited (NZSE:GXH).

Anchorage Capital Partners completed the acquisition of Community Health Division from Green Cross Health Limited (NZSE:GXH) on March 31, 2023.