KinderCare Learning Companies (NYSE: KLC — $1.51 billion) operates ~1,500 daycares across 41 states and calls itself “the largest private provider of high-quality early education and childcare services in the United States.” The company caters largely to working class families, has a special program to watch the children of military servicemembers, and receives hundreds of millions in government subsidies on the logic that good and safe early childcare makes all of society better off. Investors believe KinderCare can continue its private equity growth playbook in the public markets and raise prices, cut costs, and grow through acquisitions to dominate America’s fragmented childcare landscape.

More ... latest change: 2025-04-04