Anglicare Sydney CEO on the Infinite Care acquisition

Anglicare CEO Simon Miller says the transformative acquisition of Infinite Care shows the faith-based organisation is evolving to meet contemporary needs.

The Weekly SOURCE published a Breaking News newsletter on Monday stating the Not For Profit had acquired the private operator. MA Financial, the co-owner of Infinite Care, said the transaction, subject to relevant approvals, is expected to be complete around May 2026. MA Financial said the transaction will realise a gain of approximately $20 million.

Over the last 170 years, Anglicare Sydney has “continued to evolve to respond to the needs of our time, from the Great Depression to today’s challenges of an ageing population and a housing crisis,” he said.

The acquisition of the Gold Coast-based business will ensure the organisation can “grow and be sustainable for the future”.

The deal

The acquisition will see Anglicare Sydney establish a combined footprint of approximately 4,600 beds across 42 residential aged care homes in NSW, Queensland, Victoria and South Australia, supported by around 7,000 staff.

Infinite Care, founded by Tony Partridge and Chris Stride, will operate as a subsidiary of Anglicare Sydney and continue under its existing brand for the foreseeable future. Operations are expected to continue as normal throughout the transition to avoid disruption to residents and staff.

Scaling up

The acquisition follows Anglicare Sydney’s October 2022 acquisition of Cromwell Property Group’s 50% stake in LDK Seniors’ Living, the private aged care operator founded by Paul Browne.