Childcare sector M&A moves back into focus after ACCC calls for reforms
The ACCC's review of the childcare sector could have implications for deals in the sector that have been hanging in the balance.
Australia's childcare sector is back in focus for corporate dealmakers after the competition regulator released its findings from a sweeping review into competition and profitability in the multi-billion dollar sector.
The Australian Competition and Consumer Commission's proposed changes for the industry come as a string of deals in the sector hang in the balance, with lawyers warning any transactions that do surface in the sector will likely now face added regulatory scrutiny.
Quadrant Private Equity's $1 billion sale of portfolio company Affinity Education was put on hold last year as the private equity firm waited for the ACCC’s report into competition, profitability and viability of the sector to be release.
Global private markets play Partners Group’s portfolio company Guardian Early Learning Group was also linked with a $1 billion sale earlier this year,
