M&A Deal Summary

Anchorage Capital Partners Acquires Evolve Education Group

On October 18, 2022, private equity firm Anchorage Capital Partners acquired education company Evolve Education Group

Acquisition Highlights
  • This is Anchorage Capital Partners’ 2nd transaction in the Education sector.
  • This is Anchorage Capital Partners’ 2nd transaction in New Zealand.

M&A Deal Summary

Date 2022-10-18
Target Evolve Education Group
Sector Education
Buyer(s) Anchorage Capital Partners
Deal Type Going Private

Target

Evolve Education Group

Auckland, New Zealand
Evolve Education Group is an early childhood education business consisting of a national portfolio of 105 centres offer care and inspirational learning in vibrant centres equipped with the latest educational resources. Evolve Education Group was formed in 2014 and is based in Auckland, New Zealand.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Anchorage Capital Partners

Sydney, Australia

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2008
PE ASSETS 810M AUD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Anchorage Capital Partners is a specialized private equity firm that focuses on control investments in established businesses with a strong market position or brand which are not performing at their full potential, often as a result of capital constraints, lack of management attention or being a non-core ‘orphan’ in a large corporate. Target companies generally have at least A$100 million of revenue and are valued up to A$250 million. Anchorage will consider companies in a variety of sectors, however, the Firm avoids investing in technology, direct real estate or mineral exploration. The Firm will consider opportunities throughout Australia, New Zealand, and Southeast Asia. Anchorage Capital Partners was established in 2008 and is based in Sydney.


DEAL STATS #
Overall 22 of 25
Sector (Education) 2 of 2
Type (Going Private) 2 of 2
Country (New Zealand) 2 of 4
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-05 RFAM

North Sydney, Australia

RFAM offers leasing solutions for rolling stock such as locomotives, as well as intermodal and hopper wagons. The Company’s leasing offering is supported by a growing locomotive and wagon maintenance operation. RFAM was founded in 1998 and is headquartered in Sydney, Australia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-19 David Jones

Burnley, Australia

David Jones is an operator of a 43 departmental stores locations across Australia and New Zealand. David Jones was founded in 1838 and is based in Burnley, Australia.

Buy -