The transaction is another significant milestone for Oxanda Education, once again highlighting the quality of its portfolio and standard of excellence.
The transaction will strengthen Affinity’s presence across Australia’s east coast with five centres located in Victoria, four in NSW and two in Queensland.
The ABL transaction team was led by Corporate and M&A partner Gavin Hammerschlag, and was supported by lawyers Michelle Ainsworth and Megan Hosiosky. Additional specialist advice was provided by ABL’s property team, including senior associates Briely Trollope and Brianna Youngson.
Gavin Hammerschlag congratulated Oxanda Education’s management team on the sale: “We are extremely pleased to have advised Oxanda Education on this milestone transaction, which is a reflection of Oxanda Education’s status as one of Australia’s leading providers of early education. We look forward to continuing to work with Oxanda Education on the next phase of its growth and development.”
Oxanda Education retains an existing portfolio of owned and operated centres and, in addition, has 20 plus centres in development for opening across NSW, Victoria and Queensland over the next three years.