Anchorage Acquires Affinity Education Group
Anchorage Capital Partners announced today that it has completed the acquisition of Affinity Education Group (Affinity).
:quality(80))
Affinity is one of the largest child care operators in Australia, with a portfolio of more than 160 centres. Affinity’s key focus is providing exceptional child care and education services.
Anchorage Managing Director and Chairman of Affinity, Daniel Wong, said “Anchorage is pleased to have completed the acquisition of the Affinity Education Group and we are excited by the significant potential for the business. Our focus will remain first and foremost to provide exceptional child care and education services. We look forward to working with the Affinity team to enhance operations and achieve the vision of becoming the leading child care provider in Australia.”
Affinity’s operations are led by Chief Executive Officer, Tim Hickey. Tim was previously Chief Executive of Australian Retail and Distribution for Fletcher Building, Diva (a fast fashion jewellery business), Midas Australia and held senior executive roles with Pepsico Restaurants and Yum Brands.
)
)
)
)