Primrose Schools, a pioneer in early education and care with approximately 475 schools in 33 states, is intensifying attempts to acquire independent child care centers to increase access to early education for all children and families. Due to the company’s recent conversion of eight early education centers, more than 1,400 children now have access to Primrose’s time-tested and award-winning Balanced Learning® curriculum. There are over ten additional acquisitions in the process of converting to Primrose locations.
Steve Clemente, the president of Primrose Schools, stated that independent child care center owners around the country entrust Primrose with their legacy because they share the same dedication to improving the future of children and families through high-quality early education and care. Primrose’s award-winning curriculum and franchise model offer the new Franchise Owners all they need to ensure a smooth transition of their acquired school’s operations and the continued success of the staff, parents, and students who depend on them.
The company’s acquisition activities offer independent center owners a feasible exit plan while protecting and enhancing the early education services that their communities have grown to rely on. Using Primrose’s award-winning curriculum, similarly philanthropic entrepreneurs can immediately begin ownership while expanding a school’s established presence in the community.
Converting a purchased center into a Primrose site is often the quickest way for entrepreneurs to influence their communities. The process can take an average of eight to ten months, during which these new Primrose schools continue to serve local families while their ownership changes hands.
As long as demand for child care remains high, the acquisitions team at Primrose Schools anticipates the rate of conversions to accelerate. The company’s acquisitions and conversion strategy and the ongoing interest of philanthropic entrepreneurs seeking to fill the void in quality early education and care have contributed to its growth. In the first half of this year, the corporation awarded 32 franchise agreements, more than in all of 2021, and built eight new schools. By early 2023, Primrose will open its 500th location.
Owners of early education and child care facilities who seek to sell their property for conversion into a Primrose are greeted by a seasoned acquisition team that works carefully to achieve a mutually beneficial solution. Additionally, the firm encourages independent property owners interested in making a difference in their community to explore transforming their property into a Primrose school.
Jo Kirchner, the CEO of Primrose Schools, stated that as innovative pioneers in combining early education and child care, Primrose Schools continue to be agents of change, guiding discussions on meaningful solutions to the nation’s child care challenges through our work with industry thought leaders, such as the Early Care & Education Consortium, and putting those solutions into action through community transformation partnerships, such as our recent work with the West Lake Neighborhood Association. Primrose continues to attract franchise owners committed to positively impacting their communities due to the brand’s constant dedication to extending access to quality education for all children and families.
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