KinderCare Learning Companies, Inc. (KC Holdco)
We are the largest private provider of high-quality early childhood education (ECE) in the United States by center capacity. We are a mission-driven organization, rooted in a commitment to providing all children with the very best start in life. We serve children ranging from six weeks to 12 years of age across our market-leading footprint of 1,500 early childhood education centers with capacity of more than 197,000 children and nearly 650 before- and after-school sites located in 40 states and the District of Columbia as of Jan. 1, 2022. We believe families choose us because of our differentiated inclusive approach and our commitment to delivering every child a high-quality educational experience in a nurturing and engaging environment. We operate all of our centers under the KinderCare platform and utilize a consistent curriculum and operational approach across our network.
We offer a differentiated value proposition to the children, families, schools and employers we serve, driven by our market-leading scale and commitment to quality, access, and inclusion. We leverage our extensive network of community-based centers, employer-sponsored programs and before- and after-school sites to meet parents where they are, which is an important factor in the context of evolving work styles as a result of the COVID-19 pandemic.
Note: Revenue and net income figures are for the fiscal year (12-month period) ended Jan. 1, 2022.
(Note: KinderCare Learning Companies, Inc., revived its previously postponed IPO – with no terms and no estimated IPO proceeds – in an S-1/A filing dated March 9, 2022. On Nov. 19, 2021, KinderCare said it had postponed its IPO, citing regulatory delays. The KinderCare deal initially had been expected to start trading on Nov. 19, a day’s delay after indications on Nov. 17 that the IPO had been trimmed in size and priced at $3 below its $18-to-$21 range – but the deal was not declared effective.)
|Industry:||SERVICES-CHILD DAY CARE SERVICES|
|Address||650 NE Holladay, Suite 1400 Portland, OR 97232|
|Phone Number||(503) 872-1300|
|View Prospectus:||KinderCare Learning Companies, Inc. (KC Holdco)|
|Revenues||$1807.81 mil (last 12 months)|
|Net Income||$88.41 mil (last 12 months)|
|Price range||$0.00 - $0.00|
|Est. $ Volume||$0.0 mil|
|Manager / Joint Managers||Barclays/ Morgan Stanley/ Jefferies/ BofA Securities/ Goldman Sachs/ Baird/ Citigroup/ Credit Suisse/ Macquarie Capital|
|CO-Managers||Loop Capital Markets/ Ramirez & Co./ R. Seelaus & Co.|
|Expected To Trade:|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|