Breaking news: Anglicare Sydney expands nationally in major acquisition

Three-and-a-half years after acquiring 50% of LDK Seniors’ Living, Anglicare Sydney has signed an agreement to acquire Infinite Care.

The deal creates what the Not For Profit says will be a leading national Christian for-purpose residential aged care platform.

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.

The deal 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 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.

Building scale and sustainability

Anglicare Sydney CEO Simon Miller said the transaction represents a strategic step in building scale and quality in a rapidly changing sector.

“With an ageing population, older Australians need strong aged care providers that are sustainable for the future,” he said.

“Infinite Care is an impressive business with a resident-focused model of care and many shared values. We look forward to combining best practice, investing in palliative care and expanding pastoral and spiritual care to residents.”

Simon said the combined platform will be well positioned to bring new beds to market at a time of critical need, with development opportunities identified across the larger portfolio.

Luke Greive, CEO of Infinite Care, said the transaction strengthens Infinite Care’s ability to deliver holistic care while maintaining continuity for residents and staff.

“At Infinite Care, we believe aged care is about dignity, belonging and creating places our residents are proud to call home,” he said.

“Joining with Anglicare Sydney strengthens our ability to deliver whole-of-person care, supporting residents not only clinically, but emotionally and spiritually.”

Strategic expansion

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

That transaction marked Anglicare’s entry into integrated seniors living models, with its For Life model – an evolution of LDK’s Village Membership model – being rolled out across its retirement villages.

With the addition of Infinite Care, Anglicare Sydney is now significantly expanding its residential aged care footprint beyond its traditional NSW base, creating a national platform at a time when scale and sustainability are increasingly critical.