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Bright Horizons Acquires UK Childcare Agency Asquith Day Nurseries and Pre-Schools.

M2 EQUITYBITES-November 14, 2016-Bright Horizons Acquires UK Childcare Agency Asquith Day Nurseries and Pre-Schools

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14 November 2016 - Massachusetts-based child care provider Bright Horizons Family Solutions Inc. (NYSE: BFAM) has acquired Chesham, UK-based childcare agency Asquith Day Nurseries and Pre-Schools, the company said.

Founded in 1989, Asquith operates 90 nurseries throughout the UK, including England, Scotland and Wales, with roughly half located within the southeast greater London area.

The addition of Asquith brings Bright Horizons' total number of nurseries in the UK to more than 300 and more than 1000 worldwide.

Bright Horizons Family Solutions is a provider of child care, early education and other services designed to help employers and families better address the challenges of work and family life.

The company provides centre-based full service child care, back-up dependent care and educational advisory services to more than 1,000 clients across the United States, the United Kingdom, Ireland, the Netherlands, Canada and India.

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Publication:M2 EquityBites (EQB)
Geographic Code:4EUUK
Date:Nov 14, 2016
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