Teachers’ acquired the group from Knowledge Universe through its private equity investment arm Teachers’ Private Capital (TPC).
Busy Bees maintains a minority position in the company, although the terms of the transaction are not being disclosed.
Busy Bees was founded in 1983 and currently operates 213 nurseries. Its 7,000 staff members provide quality care for 20,000 children. TPC, which manages a global portfolio of approximately $12bn, operates on a sole or partnered basis while investing in private equity funds in markets and sectors that it cannot efficiently access directly.
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