About the Bright Horizons buyout
In January, corporate buyout firm Bain Capital announced its plan to buy Bright Horizons and take the company private. On May 7, a Bright Horizons shareholder vote could seal the deal.
Top executives and members of Bright Horizons’ board of directors could make millions in payouts and fees. But many parents and staff members at Bright Horizons are concerned about the cost-cutting and layoffs that have followed other corporate buyouts.
Research shows that children’s emotional development and ability to learn are tied to the stability of their relationships with caregivers. But corporate takeovers often result in corporate restructuring, layoffs, and pressure to cut costs.
Parents and staff deserve to know what changes Bain Capital is planning for Bright Horizons.
Click here to share your concerns and stay informed.