Who owns KinderCare?

KinderCare completed its IPO on October 10, 2024, raising approximately $616.2 million in net proceeds through the sale of 27.6 million shares (including overallotment).

The IPO of 24,000,000 shares priced at USD 24.00 per share on 8 October 2024, with shares beginning trading on the NYSE on 9 October 2024.

Following the IPO, funds affiliated with or advised by affiliates of Partners Group hold approximately 71% of KinderCare's common stock, constituting a controlling stake.

KinderCare is the largest provider of high-quality early childhood education in the US by center capacity, operating under brands including KinderCare Learning Centers, Crème Schools, and Champions.

KinderCare's common stock trades on the New York Stock Exchange under the ticker symbol 'KLC', making it a publicly listed company.

Partners Group acquired KinderCare in 2015 and remains the controlling shareholder with a 71.1% stake after the IPO.

KinderCare Learning Companies, Inc. is a Delaware corporation and the parent holding company of all operating subsidiaries through which its brands operate.

The S-1/A prospectus filed with the SEC notes that because 'PG' (Partners Group) owns a significant percentage of common stock, it may control major corporate decisions, and KinderCare qualifies as a 'controlled company' under NYSE rules.