Aussies Buy Another American Chain

ABC Learning Centres, Australia’s largest child care provider, last week agreed to purchase Dallas-based Children’s Courtyard for $66 million. This acquisition follows ABC’s recent acquisition of the Learning Care Group. At the time of this latest acquisition, the Learning Care Group was the third largest for profit child care provider in North America and Children’s Courtyard, the ninth largest. The combined companies still remain the third largest group, but the merger increased the capacity of the Learning Care Group by 21%. According to Learning Care Group CEO Bill Davis, “This acquisition will move us closer toward our goal of becoming the industry leader in early childhood education and family solutions.”

To learn more about the history of ABC Learning Centres, go to:
http://en.wikipedia.org/wiki/ABC_Learning_Centres

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Exchange Top 40: North America’s Largest For Profit Child Care Organizations.

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