PRESS RELEASE
6 September 2021

Corrs advises Anchorage on sale of Affinity Education to Quadrant Private Equity

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Corrs Chambers Westgarth

Contributor

With over 175 years of experience and a team of over 1000 talented professionals, we offer exceptional legal services for major transactions, projects, and disputes. Our client-focused approach and commitment to excellence ensure success for our clients. We connect with top lawyers globally for the best results.
Australia’s leading independent law firm, Corrs Chambers Westgarth, has advised Anchorage Capital Partners (Anchorage) and its portfolio company Affinity Education (Affinity) on the sale of Affinity to Quadrant Private Equity.
Australia

Australia's leading independent law firm, Corrs Chambers Westgarth, has advised Anchorage Capital Partners (Anchorage) and its portfolio company Affinity Education (Affinity) on the sale of Affinity to Quadrant Private Equity.

Affinity operates over 150 childcare centres in Australia. Anchorage acquired Affinity in 2015 and has since grown the business into a leading Australian childcare and early education provider.

Corrs' leading private equity team advised Anchorage on all aspects of the transaction, with the team being trusted advisers to Anchorage since its establishment in 2008.

Commenting on the matter, lead private equity partner Ricky Casali said: "It was great to work with long-term client Anchorage Capital Partners on this investment, from the take-private of Affinity in 2015, to the exit to Quadrant. Under Anchorage's ownership, Affinity has been transformed into a market leading childcare operator, supporting Australian families and playing a key part in the early development of their children. We wish Quadrant and the Affinity management team led by Tim Hickey all the best and expect to see Affinity continue its successful trajectory." 

PRESS RELEASE
6 September 2021

Corrs advises Anchorage on sale of Affinity Education to Quadrant Private Equity

Australia

Contributor

With over 175 years of experience and a team of over 1000 talented professionals, we offer exceptional legal services for major transactions, projects, and disputes. Our client-focused approach and commitment to excellence ensure success for our clients. We connect with top lawyers globally for the best results.

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