Childtime Childcare, Inc.
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Childtime Childcare, Inc. - overview
Established
1967
Location
Novi, MI, US
Primary Industry
Consumer Services
About
Childtime Childcare, Inc. specializes in early childhood education services, providing daycare, preschool, and after-school programs that emphasize growth and development in children. Childtime Childcare, Inc. operates early childhood education centers across the United States, focusing on comprehensive child care solutions.
Founded in 1967 in Novi, US, the company underwent a significant change when it completed an initial public offering in February 1996. TGV Partners, the latest lead investor, facilitated a Buyout in June 2002, raising USD 41. 00 mn, which marked their exit from previous investments in the company. The total amount raised by Childtime is USD 41.
00 mn, reflecting its continuous growth since inception. Childtime Childcare, Inc. offers a comprehensive range of early childhood education services designed to foster growth and development in children from infancy through preschool. Their core offerings include daycare programs, preschool education, pre-kindergarten, and before and after-school care, all rooted in the Reggio Emilia philosophy.
This educational approach emphasizes collaborative relationships and responsive interactions between children and adults, aimed at building a strong foundation for lifelong learning. Childtime provides tailored programs that cater to the unique needs of families, including part-time daycare options that allow parents to select specific days for their children’s attendance. The company's services are available in various U. S.
markets, supporting a diverse clientele that includes working families seeking reliable and nurturing care for their young children. Childtime Childcare, Inc. generates revenue primarily through enrollment fees associated with their various child care and educational programs. The company reported revenues of USD 212.
17 mn in the most recent year, alongside an EBITDA of USD 9. 37 mn. The business operates on a direct-to-consumer model, facilitating transactions through online scheduling and payment options, allowing for a straightforward enrollment process. Additionally, the company’s offerings include seasonal programs like summer camps, which further contribute to their revenue streams.
Overall, the firm’s business transactions are centered around providing quality educational experiences while maintaining a focus on safety and community engagement. Looking ahead, Childtime Childcare, Inc. is evaluating potential new products designed to enhance its educational offerings, although specific release dates remain unannounced. The company aims to expand into new geographic regions, specifically targeting underrepresented areas within the U.
S. market by 2025. The recent Buyout funding of USD 41. 00 mn will be instrumental in supporting these initiatives, as the company seeks to enhance its infrastructure and reach more families, thereby bolstering its overall market presence.
Primary Industry
Consumer Services
Sub Industries
Childcare Services, Education & Training Services, Search Engines, Web Applications
Website
www.childtime.com
Verticals
EdTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Childtime Childcare, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Childtime Childcare, Inc. | - | ||||||||
| Private Placement/Follow on | Completed | Childtime Childcare, Inc. | - | ||||||||
| IPO | Completed | Childtime Childcare, Inc. | - | ||||||||
| Buyout | Completed | Childtime Childcare, Inc. | - |
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