DCA Acquires Guardian Healthcare in New Zealand for $270 Million

July 25, 2005 DCA Acquires Guardian Healthcare in New Zealand for $270 MillionOn July 11, 2005, the DCA Group Ltd announced that it has executed an agreement to acquire New Zealand's residential aged care business, Guardian Healthcare Group Limited, for $270 million from Pacific Equity Partners and Management. The acquisition, which is expected to be complete within the next two months, requires approval from the New Zealand Overseas Investment Commission.  Guardian is a for profit aged care business in New Zealand, with 32 facilities and 2,163 residential aged care beds across the country, in addition to owning 379 . . .