KinderCare Launches IPO on New York Stock Exchange

KinderCare Learning Companies, a leading US provider of early childhood education, has debuted on the New York Stock Exchange. Priced at USD 24.00 per share, the IPO comprises 24,000,000 shares listed under the ticker "KLC"."Despite listing, approximately 71% of the shares remain with Partners Group, a major player in the global private markets, which acquired KinderCare in 2015.

Founded in 1969, KinderCare operates over 2,400 centers nationwide and serves more than 200,000 children with tailored childcare solutions. It employs over 43,000 teachers and staff and has consistently won the Gallup Exceptional Workplace Award for eight consecutive years.

KinderCare's CEO, Paul Thompson, highlighted the company's 50-year legacy of supporting families and its strategic growth initiatives in technology and curriculum. The IPO marks a pivotal point for KinderCare to expand its services and geographic reach.