PRIVATE EQUITY

Aura Private Equity backs landmark consolidation in workplace health

Australia Vaccine Services (AVS), a portfolio company of Aura Private Equity, has completed the acquisition of Medimobile, one of Australia’s largest providers of workplace flu vaccinations.

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The transaction represents a significant consolidation in the fragmented mobile immunisation and corporate wellness sector.

On a combined basis, AVS and Medimobile are expected to deliver more than 450,000 vaccinations annually, supported by a network of approximately 300 registered nurses across Australia. This enhanced scale strengthens AVS’s ability to serve both enterprise and government clients nationwide, across metropolitan and regional locations.

Medimobile, founded in 2003, has historically administered over 130,000 workplace flu vaccinations each year, supported by deep client relationships across government agencies, corporates, schools, and aged care. Together, the businesses also offer access to more than 2,000 pharmacy partners across Australia and New Zealand, as well as a broader suite of workplace health services, including skin checks and other vaccination programs.

Shane Shi, Portfolio Manager at Aura Private Equity, commented:
“We’re extremely pleased with Medimobile coming together under AVS as it was a natural fit in terms of operational scale and strengthening AVS’s current leadership in the corporate wellness space. AVS has been growing at a CAGR of 18% over the last four years and with this acquisition, revenue in FY26 is expected to improve in the range of 30–40% year-on-year. We have been actively looking at M&A opportunities in this fragmented market and see strong potential in established operators like Medimobile with long-standing customer bases and strong profitability.”

Aura Private Equity originated, structured, and supported the execution of this transaction. The investment reflects Aura’s thesis of consolidating resilient, high-quality health service providers and working with management teams to unlock operational synergies and scale.

For Wholesale and Accredited Investors only. This article is for general information purposes and does not constitute financial advice. Aura Group, Aura Private Equity and its affiliates do not guarantee future performance. Aura Capital Pty Ltd AFSL 366230.

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