Onex invests $172 mln in acquisition of KidsFoundation

Canadian private equity firm Onex Corp has wrapped up its acquisition of KidsFoundation Holdings BV, a Dutch childcare services provider. Onex said it invested about US$172 million ($228 million) in the deal, which was announced in July. No financial terms were previously disclosed. The seller was U.S. private equity firm HIG Capital, which established KidsFoundation in 2014. Based in Almere, the Netherlands, KidsFoundation provides daycare and after-school care to more than 30,000 children.

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