Provincial Education Group

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Provincial Education Group - overview

Established

2013

Location

-, -, New Zealand

Primary Industry

Education/Training

About

Provincial Education Group, based in New Zealand, specializes in early childhood education, offering structured learning experiences tailored to children from infancy to school age, focusing on holistic development and family engagement. Provincial Education Group, founded in 2013 in New Zealand, operates within the early childhood education sector. In October 2021, Busy Bees Holdings Limited acquired the company for NZD 164 million. The acquisition allows Busy Bees to expand its operations into New Zealand, enhancing its reach in the early education landscape.


Leanne Mortlock serves as the CEO of the company. Busy Bees Aotearoa specializes in early childhood education, providing nurturing care and tailored learning experiences for children from infancy to school age. Their core offerings include structured educational programmes that promote holistic development through play-based learning, specifically designed for different age groups: infants (0-2 years), toddlers (2-4 years), and young children (4-6 years). These programmes foster social, emotional, and cognitive skills while encouraging each child's unique interests and developmental needs.


Busy Bees emphasizes strong relationships with families and whānau, ensuring an inclusive and supportive environment, primarily targeting families in New Zealand's urban and suburban communities. Busy Bees Aotearoa operates on a direct-to-consumer revenue model, where families enroll children in various childcare programmes. The pricing structure typically involves monthly fees based on the child's age group and selected programme, including full-time or part-time options. Their focus on quality care and educational excellence supports a robust client base of parents seeking reliable early childhood education, thus reinforcing financial sustainability within the sector.


Following the acquisition on October 21, 2021, Busy Bees Holdings Limited plans to utilize the NZD 164 million funding to support its expansion into the New Zealand market. This strategic move aims to enhance service offerings and broaden its reach within the region. Busy Bees is expected to invest in developing new educational programmes and establishing additional centres to meet growing demand in the early childhood education sector.


Current Investors

Ascentro Capital Partners

Primary Industry

Education/Training

Sub Industries

Childcare Services, Schools

Website

www.provincialeducationgroup.co.nz

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Provincial Education Group - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, LP Direct, Trade SaleCompletedProvincial Education Group-
Add-onCompletedLearning Tree-
Secondary BuyoutCompletedProvincial Education Group-
LP DirectCompletedProvincial Education Group-

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