The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

brightpathkids.com

Stage

Acq - P2P | Acquired

Valuation

$0000 

About BrightPath Early Learning

BrightPath Early Learning is a provider of child care, meeting the highest standards in curriculum, nutrition, technology and recreational programing, BrightPath is committed to providing families the very best child development programs and care that Canada has to offer.

BrightPath Early Learning Headquarter Location

1500 University Street 7th Floor

Montreal, Quebec, H3A 3S8,

Canada

514-982-7888

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest BrightPath Early Learning News

OTTP’s Busy Bees closes $145M acquisition of BrightPath

Jul 28, 2017

Europe Busy Bees Holdings Limited, a portfolio company of Ontario Teachers’ Pension Plan (OTPP), has completed the previously announced acquisition of BrightPath Early Learning Inc. (TSX-V: BPE) for $0.80 per share in cash representing an aggregate transaction value of approximately $145 million. The common shares of BrightPath are expected to be delisted from the TSX Venture Exchange at the close of business on July 28, 2017. “Over the past seven years, BrightPath has grown from a start-up to a Canadian leader with more than 8,950 licensed child care spaces in Ontario, British Columbia and Alberta. At the same time, we created a new and unique opportunity for passionate caregivers to pursue a progressive career path in their field of interest, now employing more than 2,130 people. We continue to believe that the Arrangement will serve Canadian families well by ensuring the continuation of high-quality child care services,” said Jeffrey Olin, Chairman of BrightPath and CEO of Vision Capital Corporation. Toronto based Vision Capital was the largest shareholder of BrightPath Early Learning, controlling 15.4% of the outstanding shares. In connection with the arrangement, Cormark Securities Inc. provided the fairness opinion to the Brightpath board. Fasken Martineau DuMoulin LLP acted as legal counsel to BrightPath. BMO Capital Markets acted as financial advisor while Torys LLP served as legal counsel to Busy Bees. BrightPath is a Canadian leader in the child care industry with 77 locations in major markets across the country. Meeting the highest standards in curriculum, nutrition, technology and recreational programing, BrightPath is committed to providing families the very best child development programs and care that Canada has to offer. Founded in 1984, Busy Bees is the UK’s largest provider of quality child care, looking after 35,000 children across the country, in 329 nurseries. In addition to its UK presence, Busy Bees also operates 70 nurseries across Singapore and Malaysia, including the Asian International College. Ontario Teachers’ acquired Busy Bees in October 2013. photo credit: Busy Bees

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.