Anchorage Capital to acquire Lollipops Educare Centres for NZ$46mn

WELLINGTON, NZ: Evolve Education Group’s wholly owned subsidiary Lollipops Educare Holdings Limited will sell 100% of the shares in Lollipops Educare Centres Limited (LECL) to Anchorage Capital Partners’ Shine BidCo for an enterprise value of NZ$46 million. LECL is the operator of Evolve’s New Zealand based centres and, at completion of the Transaction, will operate…