Initial Public Offering
Baird served as co-manager on this offering
AboutBright Horizons Family Solutions, Inc. (NYSE: BFAM) (“Bright Horizons” or the “Company”), a portfolio company of Bain Capital, recently completed an initial public offering of 10,100,000 shares of its common stock at a price of $22.00 per share, generating gross proceeds of $222.2 million. Bright Horizons intends to use the net proceeds from the offering to repay all notes outstanding under Bright Horizons Capital Corporation, for working capital needs and general corporate purposes.
Bright Horizons is a leading provider of employer-sponsored child care, early education and work/life solutions. Bright Horizons serves more than 850 clients across the U.S., the UK, Ireland, the Netherlands, Canada and India with programs including child care and early education, back-up care, elder care, educational advisory services and work/life consulting. The Company operates more than 750 child care and early education centers worldwide. Bright Horizons is headquartered in Watertown, Massachusetts.
For additional information about this transaction, please contact:
- January 2013
- Bright Horizons Family Solutions, Inc.
- Technology & Services
- Target Location
- North America
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