Primrose Schools(R) Announces New Equity Partner

Franchising.com:

Primrose Schools, the nation’s leader in educational child care, announced today it has entered into a strategic equity partnership with Roark Capital Group, an Atlanta-based private equity firm.

The move further positions Primrose Schools to achieve its No. 1 goal of advancing early childhood education in America through investments in resources to contribute to the quality and excellence of its more than 180 franchised preschools. The new partnership will also promote the company’s continued, controlled national expansion to meet growing parental demand for quality early childhood education.

“Primrose has partnered with professional franchise owners and staff and the entire organization has worked diligently to earn a reputation as a trusted brand with families,” said Jo Kirchner, President and CEO of Primrose Schools. “Our company is at its tipping point towards achieving national brand leadership presence. We have always maintained a clear vision to deliver the best and most trusted services in our educational child care segment. Roark Capital shares our philosophy. The capital from our partnership will allow us to continue to invest in infrastructure, innovation and our franchise system to maintain continual improvement for the Primrose brand at all levels and raise consumer recognition across the country.”