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KinderCare Learning Companies, Inc. (Ticker: KLC) is the largest private provider of early childhood education in the United States by center capacity. The company serves children from six weeks to 12 years of age across a network of 1,500 centers and nearly 650 before- and after-school sites in 40 states and the District of Columbia.
KinderCare will list on October 9, 2024, on the NYSE. The firm is offering 24.0 million shares at a price range of $23.00 to $27.00. The expected market capitalization at offer is $2.86 billion. The total offer size is estimated at $600 million. The offering is managed by Goldman Sachs, Morgan Stanley, Barclays, J.P. Morgan, and others.