Stanton Road studies up on Anchorage Capitalâs Affinity
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Australian private equity firm Anchorage Capital is getting ready to test buyer appetite in one of the countryâs biggest childcare groups, Affinity Education.
Anchorageâs Affinity Education provides long day care and before and after school care from about 150 centres.Â
Louie Douvis
It is understood Anchorage has re-hired investment banker Peter Brownie, now at Stanton Road Partners, to review exit options for Affinity Education, including a sale to another private equity investor or strategic buyer.
Anchorage elected to retain the business, which is looking like a smart move, given rising appetite for Australian childcare centre owners and trading multiples.
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