Deals
Partners Group-Backed KinderCare Raises $576 Million in IPO
- Childhood education firm’s shares priced at $24 apiece
- Company to use proceeds to repay loans, cover expenses
KinderCare Learning Cos. raised $576 million in an initial public offering, priced toward the bottom of a marketed range.
The Partners Group Holding AG-backed childhood education company sold 24 million shares for $24 each, according to a statement Tuesday. The company had offered the shares for $23 to $27 each, according to an earlier filing.