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Stock impact report

KinderCare valued at about $3.1 billion as shares jump in strong NYSE debut [Yahoo! Finance]

Bright Horizons Family Solutions Inc. (BFAM) 
Last bright horizons family solutions inc. earnings: 2/13 04:21 pm Check Earnings Report
Company Research Source: Yahoo! Finance
KinderCare's shares opened at $27, after the firm had priced its offering at $24 apiece to raise $576 million. The demand for childcare services in the United States is rising due to firms implementing return-to-office protocols following the pandemic and an increased participation rate of women in the workforce. "All the growth opportunities we've been delivering over the last few years is what we're going to continue to do, and do it (at a) more accelerated (pace)," said Paul Thompson, chief executive officer of KinderCare. "We'll focus on new center openings through Greenfield (investment). And we all the time are doing smaller (deals), what we refer to as a tuck-in acquisition…(that) will continue as well," he added. Founded in 1969, KinderCare, which has several brands including KCLC, Crème School and Champions, provides daycare facilities and early childhood education for children ranging from six weeks to 12 years of age. The company can accommodate over 200,000 chil Show less Read more
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