Onex to acquire childcare provider KidsFoundation from H.I.G.

Canadian private equity firm Onex Corp has agreed to acquire KidsFoundation Holdings BV, a Dutch childcare services provider, in partnership with existing management. No financial terms were released for the deal, which is expected to close later this year. The seller is U.S. private equity firm H.I.G. Capital. H.I.G. established KidsFoundation in 2014 through the acquisition of assets from the estate of Estro Group. Based in Almere, the Netherlands, KidsFoundation offers nursery care as well as before- and after-school care services.

20 July 2018•2 mins read
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