{"id":409637,"date":"2021-01-06T09:59:15","date_gmt":"2021-01-06T14:59:15","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=409637"},"modified":"2021-01-06T09:59:15","modified_gmt":"2021-01-06T14:59:15","slug":"learning-care-group-acquires-u-gro-learning-centres","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/learning-care-group-acquires-u-gro-learning-centres\/","title":{"rendered":"Learning Care Group Acquires U-GRO Learning Centres"},"content":{"rendered":"
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NOVI, Mich., Jan. 06, 2021 (GLOBE NEWSWIRE) — Learning Care Group, Inc.<\/a> today announced its acquisition of U-GRO Learning Centres, 14 preschools serving families in Central Pennsylvania in Dauphin, Cumberland, Lancaster, Lebanon, and York Counties. Learning Care Group is the second-largest for-profit early education and childcare provider in North America.<\/p>\n

The U-GRO Learning Centres brand joins Childtime, The Children\u2019s Courtyard, Creative Kids Learning Centers, Everbrook Academy, La Petite Academy, Montessori Unlimited, Pathways Learning Academy and Tutor Time in the Learning Care Group portfolio, which includes more than 900 school locations.\u00a0<\/p>\n

\u201cAn emphasis on school readiness, a safe and engaging learning environment, and a commitment to outstanding customer service make U-GRO a natural fit for Learning Care Group,\u201d noted Mark Bierley, CEO at Learning Care Group. \u201cAs U-GRO Learning Centres join our portfolio of brands, we look forward to continuing to inspire young learners in Pennsylvania as we prepare them for future success.\u201d\u00a0 \u00a0\u00a0<\/p>\n

At U-GRO, the educational experience combines the best of a structured, age-appropriate program with self-direction, exploration and play \u2013 promoting children\u2019s social, emotional, physical and intellectual development. Dedicated, caring teachers guide students\u2019 hands-on discovery, supporting children as they master new skills, test their own abilities, and build confidence.\u00a0<\/p>\n

U-GRO\u2019s modern and secure facilities present an atmosphere of quality and creativity. The child-centric school environment encourages engagement, motivation and growth. Learning is everywhere, and expectations are high. Over the last 5 years, an average of 94.8 percent of U-GRO children entering kindergarten have met or exceeded state expectations.\u00a0<\/p>\n

\u201cIt\u2019s been an honor to serve Pennsylvania families for the past 40+ years by providing the highest quality early education experience in an environment that offers children a fun, hands-on approach to learning, \u201d said Greg Holsinger, former President and CEO of U-GRO Learning Centres, whose mother, Janice, founded U-GRO in 1973. \u201cI\u2019m confident that under Learning Care Group\u2019s leadership, U-GRO Learning Centres will continue to bring children joy for many years to come while helping them to thrive and achieve their full potential.\u201d\u00a0\u00a0<\/p>\n

Founders Advisors served as U-GRO\u2019s financial advisor in the transaction. \u201cIt has been a pleasure to work with the outstanding team at U-GRO to achieve this important milestone for the Holsinger family despite the headwinds facing early education this year,\u201d said Mike McCraw, Managing Director of Founders. \u201cWe are pleased to have helped find a long-term home for U-GRO with a leading national early education provider like Learning Care Group. We look forward to seeing U-GRO thrive as a member of the LCG family of brands.\u201d\u00a0<\/p>\n

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\n About Learning Care Group, Inc. <\/i>
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\n Learning Care Group<\/b>
\n <\/a> is a leader in early childhood education, with more than 50 years of experience in inspiring children to love learning. Headquartered in Novi, Mich., the company is the second largest for-profit early education and care provider in North America. Learning Care Group provides early education and care for children ages 6 weeks to 12 years through eight unique brands:\u00a0 Childtime Learning Centers, The Children\u2019s Courtyard, Creative Kids Learning Centers, Everbrook Academy, La Petite Academy, Montessori Unlimited, Pathways Learning Academy, Tutor Time Child Care\/Learning Centers and U-GRO Learning Centres. It operates more than 900 schools (corporate and franchise) across 36 states, the District of Columbia and internationally, and has a capacity to serve more than 130,000 children. Learning Care Group\u2019s proprietary School Readiness Pathway supports the development of the academic and social skills needed for a smooth transition to elementary school. For more information, please visit www.learningcaregroup.com<\/a>\u00a0<\/i><\/b><\/p>\n

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\n About Founders Advisors <\/i>
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Founders is a merger, acquisition, & strategic advisory firm serving middle-market companies. Founders focuses on helping companies across industries including education, consumer services, technology, business services, energy, healthcare, and industrials. Founders\u2019 skilled professionals, proven expertise, and process-based solutions help companies access growth capital, make acquisitions, and\/or prepare for and execute liquidity events to achieve specific financial goals. In order to provide securities-related services discussed herein, certain principals of Founders Advisors, LLC are licensed with Founders M&A Advisory, LLC, member FINRA and SIPC. Founders M&A Advisory, LLC is a wholly owned subsidiary of Founders Advisors, LLC. Founders Advisors, LLC does not provide investment advice.\u00a0 For more information, please visit www.foundersib.com<\/a>.<\/p>\n

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