Add-on Acquisition • Internet Software and Services

Bright Horizons Acquires Sittercity

On August 6, 2020, Bright Horizons acquired internet software and services company Sittercity

Acquisition Context
  • This is Bright Horizons’ 1st transaction in the Internet Software and Services sector.
  • This is Bright Horizons’ 3rd transaction in the United States.
  • This is Bright Horizons’ 1st transaction in Illinois.

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M&A Deal Summary

Date August 6, 2020
Target Sittercity
Sector Internet Software and Services
Buyer(s) Bright Horizons
Deal Type Add-on Acquisition

Target Company

Sittercity

Chicago, Illinois, United States
Sittercity, Inc. is an online marketplace for families and caregivers (including babysitters and in-person or virtual tutors). Sittercity is based in Chicago, Illinois.
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Buyer Overview 1

Buyer

Bright Horizons

Newton, Massachusetts, United States

Category Company
Founded 1986
Sector Education
Employees32,050
Revenue 2.7B USD (2024)
DESCRIPTION

Bright Horizons is a provider of early education and preschools, employer-sponsored child care, back-up care, educational advisory services, and other work/life solutions. Bright Horizons was incorporated in 1986 and is based in Newton, Massachusetts.


Deal Context for Buyer #
Overall 6 of 7
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 5 of 6
State: Illinois 1 of 1
Country: United States 3 of 3
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-10 Asquith Day Nurseries & Pre-Schools

Buckinghamshire, United Kingdom

Asquith Day Nurseries & Pre-Schools Ltd is a provider of high-quality child care and early years education serving the needs of working families. Based in Chesham, Asquith operates 90 nurseries throughout the UK, including England, Scotland and Wales, with roughly half located within the southeast greater London area.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-03 Oac

St Leonards, Australia

Only About Children owns and operates a network of upmarket long day care centers across the states of New South Wales and Victoria in Australia.

Buy AU$450M