- Member MelCap Partners, LLC
- Sector Business & Financial Services
- Date completed 30.06.2023
- Client Kid Works Creative Learning Centers
- Country United States
- Acquirer Bright Path Early Learning ("Busy Bees")
- Country Canada
Kid Works was acquired by BrightPath Early Learning (“BrightPath”), headquartered in Toronto, Canada – the North American division of Busy Bees, the largest childcare provider in the United Kingdom, Ireland, Malaysia, and Singapore – which is headquartered in the United Kingdom. BrightPath operates nearly 700 child care centers across 9 countries, while Busy Bees operates more than 150 child care centers across the United States and Canada. Busy Bees is backed by Ontario Teachers’ Pension Plan – one of the largest institutional investment vehicles in the world.
MelCap Partners served as the exclusive investment banker and financial advisor to Kid Works in the sale of the Company.
As a result of our comprehensive sales and marketing process, MelCap Partners was able to successfully identify the ideal buyer for the business: BrightPath. Kid Works serves as an instrumental piece in Busy Bees’ strategy to grow and expand its child care presence throughout North America by acquiring market leaders in its respective geographies. Busy Bees intends to keep existing management at Kid Works in place, and grow the already excellent Kid Works brand throughout the Great Lakes / Midwestern United States.
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