Childcare Network Acquires Schools in Kentucky
Press release from the issuing company
Friday, May 22nd, 2015
Childcare Network, a leading provider of early care, preschool, and school-aged programs, announced the acquisition of four child care centers from Creation Kingdom effective May 8, 2015. The acquired schools are located in the Lexington and Georgetown, Kentucky markets.
Jim Thompson, the owner of Creation Kingdom stated, "Selling something you created is always difficult. But during the process, I have come to know Childcare Network and their people. They will bring unmatched quality in child care and early education to Lexington and Georgetown."
"Creation Kingdom represented an opportunity to acquire highly respected schools in a growing market. Lexington’s favorable demographics and expanding economy that continues to outperform most of the other largest 150 markets in the US attracted us to this opportunity.“ stated Bob Moffett, Chief Development Officer for Childcare Network. After a brief transition period, the schools will be rebranded to Childcare Network. In addition, the Company will introduce its proprietary curriculum, High Reach Learning, to further enhance the learning environment.


