10
Mar 2024
Macquarie Asset Management is set to acquire Beacon Hospital.
Published in News on March 10, 2024
 
                                                            Macquarie Asset Management, through Macquarie European Infrastructure Fund 7, is poised to acquire Beacon Hospital following the acceptance of its proposal by the existing consortium of shareholders.
Situated in Dublin, Beacon Hospital is a private healthcare facility offering a comprehensive range of acute care and specialized diagnostic services, catering to over 200,000 patients annually. With 251 beds, 8 operating theaters, 3 catheterization laboratories, and 4 endoscopy suites, the technologically advanced hospital has undergone substantial growth and enhancement under the leadership of current shareholders, led by Denis O’Brien, over the past decade.
Denis O’Brien, along with the current shareholder group, has significantly invested in the hospital, leading to remarkable growth. Since April 2014, Beacon Hospital has tripled its patient capacity, doubled its staff count, and made substantial investments in its infrastructure.
Michael Cullen, CEO of Beacon Hospital, expressed gratitude for the support and leadership of Denis O’Brien, Chair Colm Doherty, and the entire Board. Looking ahead, Cullen emphasized the importance of Macquarie Asset Management's long-term partnership, with its global expertise in healthcare and social infrastructure, as Beacon Hospital embarks on the next phase of growth plans, aiming to become the largest private healthcare campus in Ireland.
Hani Zogheib, Senior Managing Director at Macquarie Asset Management, acknowledged Beacon Hospital's role as a crucial element of the Irish healthcare system. Macquarie looks forward to collaborating closely with the hospital's team to continue building on its legacy of clinical excellence and patient care, supporting Beacon Hospital's vision for advanced facilities and medical expertise, ensuring its continued prominence in Ireland's healthcare infrastructure.
Macquarie Asset Management, the world's largest infrastructure manager, has a history of long-term investments in social and healthcare sectors globally. The acquisition is expected to close by the end of the first half of 2024, subject to customary closing conditions, with Michael Cullen remaining as CEO and shareholder after the transaction's completion.
 
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                                    ![“Surprise Noises Can Feel Like Pain”: New Airport Rule Eases Travel for Autistic Passengers Emma Beardsley once dreaded going through airport security. “I used to panic every time they made me take my headphones off at security,” she recalls. “The noise and the unpredictability can be overwhelming.” Now, thanks to a new policy allowing noise-cancelling headphones to remain on during security checks, Beardsley says she can “travel more confidently and safely.”
In Australia, one in four people lives with a disability, yet the travel system has often failed to accommodate varied needs. Autism-inclusion advocates at Aspect Autism Friendly have welcomed the government’s updated guidelines that let autistic travellers keep their noise-reducing headphones on during screening, calling it a “major step” toward more accessible air travel.
Dr Tom Tutton, head of Aspect Autism Friendly, emphasises the significance of travel in people’s lives: it connects them with family, supports work and learning, and offers new experiences. But he notes the typical airport environment can be especially intense for autistic travellers:
“Airports are busy, noisy, random and quite confusing places … you’ve got renovations, food courts, blenders, coffee grinders, trolleys clattering … and constant security announcements. It’s really, really overwhelming.”
“What might be an irritation for me is something that would absolutely destroy my colleague [who has autism]. Surprise noises of a certain tone or volume can genuinely be experienced as painful.”
Under the new policy — now published on the Australian Government’s Department of Home Affairs website — passengers who rely on noise-cancelling headphones as a disability support may request to wear them through body scanners. The headphones may undergo secondary inspection instead of being forcibly removed.
Dr Tutton describes this adjustment as small in procedure but huge in impact: it removes a key point of sensory distress at a critical moment in the journey. Aspect Autism Friendly is collaborating with airports to ensure that all security staff are informed of the change.
For many autistic travellers, headphones aren’t just optional — they are essential to navigating loud, unpredictable environments. Until now, being required to remove them during security has caused distress or even deterred travel.
Aspect Autism Friendly also works directly with airports, offering staff training, autism-friendly audits, visual stories, sensory maps, and other accommodations. Their prior collaborations include autism-friendly initiatives with Qantas. Dr Tutton notes:
“Airports have become this big focus for us of trying to make that little bit of travel easier and better.”
He advises people planning trips for travellers with disabilities to consult airport websites ahead of time. Some airports already offer quiet rooms or sensory zones — Adelaide, for instance, provides spaces where travellers can step away from the noise and regroup before boarding.
Beyond helping autistic individuals, Dr Tutton believes that more accessible airports benefit everyone. “These supports help lots of other people too,” he says. “When people are more patient, kind and supportive, the benefits flow to everyone. We all prefer environments that are well-structured, sensory-friendly, predictable and easy to navigate.”](https://c3eeedc15c0611d84c18-6d9497f165d09befa49b878e755ba3c4.ssl.cf4.rackcdn.com/photos/blogs/article-1061-1759742013.jpg) 
                                                                                    