NEW YORK (Reuters) – Bright Horizons Family Solutions Inc BFAM. O, a provider of employer-sponsored child care and early education, said on Monday it would be bought by private equity firm Bain Capital for $1.3 billion.
Then When did Bright Horizons go public? In 1997, Bright Horizons’ revenues totaled $85 million, and its net income had reached $1.5 million. That year, the company went public, offering shares on the NASDAQ. The proceeds were used to further the company’s expansion.
Furthermore, Does Mitt Romney own Bain?
The business career of Mitt Romney began shortly after he finished graduate school in 1975. In 1984, he co-founded and led the spin-off Bain Capital, a private equity investment firm that became highly profitable and one of the largest such firms in the nation. …
What company does Romney own? Bain Capital was founded in 1984 by Bain & Company partners Mitt Romney, T. Coleman Andrews III, and Eric Kriss, after Bill Bain had offered Romney the chance to head a new venture that would invest in companies and apply Bain’s consulting techniques to improve operations.
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Is Bright Horizons a franchise?
With more than a 50% share of the estimated $1 billion U.S. market for work-site child care, Boston-based Bright Horizons has built a profitable franchise that has rewarded shareholders. Its revenue has grown at a 15% annual rate over the past four years, and the company’s shares have more than tripled.
What companies use Bright Horizons?
Bright Horizons clients recognized on the list include Adobe, Johnson & Johnson, L’Oréal USA, and Ernst & Young LLP, who earned the No. 1 spot for the second year in a row.
How many employees does Bright Horizons have?
Company Info
| Rank last year | 66 |
|---|---|
| HQ location | Watertown, Mass. |
| Employees | 23,499 |
| Job openings (as of February 2020) | 1,925 |
| Industry | Education & Training |
Is Bright Horizons a reliable source?
Is it safe to send my child to a Los Angeles child care or preschool? Bright Horizons is trusted by parents in Los Angeles, including many doctors and nurses, to care for their children. … Our Los Angeles centers have the well-being of children, families, and staff at their core.
Does Bain Capital own HCA?
But when it was finalized on November 17, 2006, the take-private buyout of HCA by Bain Capital, KKR and Merrill Lynch Global Private Equity was one for the record books. Based in Nashville, HCA is an operator of hospitals and other healthcare facilities with nearly 300 locations in the US and the UK.
Who founded Bain?
Bain & Company was founded in 1973 by former Group Vice President of Boston Consulting Group Bill Bain and his colleagues, including Patrick F. Graham. In the late 1970s and early 1980s, the firm grew rapidly.
Is Bain Capital a hedge fund?
Bain Capital is starting a hedge fund to bet on and against companies based on sustainable-investing criteria as part of the alternative asset manager’s roughly $3 billion public-equities business.
How much does Bright Horizons pay teachers?
Average Bright Horizons Family Solutions Daycare Teacher hourly pay in the United States is approximately $16.67, which is 46% above the national average.
How much is Bright Horizons tuition?
KINDERGARTEN – 12TH GRADE TUITION AND FEES
| NUMBER OF STUDENTS PER FAMILY | ANNUAL (MONTHLY) TUITION WITH DISCOUNT |
|---|---|
| ONE | ANNUAL: $6,600.00 MONTHLY: $660.00 |
| TWO | ANNUAL: $12,540.00 MONTHLY: $1,254.00 |
| THREE | ANNUAL: $18,480.00 MONTHLY: $1,848.00 |
| FOUR | ANNUAL: $24,420.00 MONTHLY:$2,442.00 |
How much do Bright Horizons directors make?
Bright Horizons Family Solutions Salary FAQs
The average salary for a Director is $136,435 per year in United States, which is 84% higher than the average Bright Horizons Family Solutions salary of $73,850 per year for this job.
Who invests in KKR?
In 2005, KKR was one of seven private equity firms involved in the buyout of SunGard in a transaction valued at $11.3 billion. KKR’s partners in the acquisition were Silver Lake Partners, Bain Capital, Goldman Sachs Capital Partners, Blackstone Group, Providence Equity Partners, and TPG Capital.
What is the largest LBO in history?
The largest leveraged buyout in history was valued at $32.1 billion, when TXU Energy turned private in 2007.
How much do Bain partners make?
The average Bain Partner Salary is in the neighborhood of $322,000 per year! However, top partners can make $1M+ or more – comp at this level is variable, with the biggest factor being the amount of work you sell.
Is Bain prestigious?
McKinsey, Bain and BCG (the Big Three or MBB) are by far the most prestigious consulting firms – as surveyed by Vault in 2020.
What does BCG company do?
BCG India’s client work encompasses the spectrum of challenges facing today’s business leaders in a variety of industries, including: financial services, health care, industrial goods, consumer goods, technology, energy and utilities, and infrastructure and engineering, as well as government and non-profit …
Who is the CEO of Bain Capital?
John Connaughton is Co-Managing Partner of Bain Capital, a leading global private investment firm with approximately $140 billion in assets under management. He is also the Global Head of Bain Capital Private Equity.
How much does a managing director at Bain Capital make?
Bain Capital Salary FAQs
The average salary for a Managing Director is $197,282 per year in United States, which is 61% lower than the average Bain Capital salary of $511,075 per year for this job.
What makes Bain and company unique?
Bain’s philosophy of ‘a Bainie never lets another Bainie fail‘, essentially means colleagues help each other out, especially when someone is facing challenges. … This collaborative culture is an important part of consultants’ professional development and is often considered unique to Bain.
How many nurseries does Bright Horizons have?
Bright Horizons is one of the UK’s leading childcare providers. With a portfolio of over 300 nurseries, including Asquith Day Nurseries & Pre-Schools and Yellow Dot Nursery, it has been trusted by many families to provide children with naturally inspiring, exceptional care and education for the early years.
What is an education coordinator job description?
Education coordinators, also called instructional coordinators, work in a variety of fields to develop learning programs for students or employees. They evaluate the existing curriculum at a school or within a company training program, and they develop innovative solutions to improve student and worker outcomes.
