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Bain's Bright Horizons files for a $220 million IPO

October 24, 2012

Bright Horizons Family Solutions, which is a leading provider of work site child care and early education centers, filed on Wednesday with the SEC to raise up to $220 million in an initial public offering. The Watertown, MA-based company, which was founded in 1986 and booked $1 billion in sales for the 12 months ended 6/30/2012, plans to list on the NYSE under the symbol BFAM. Goldman Sachs, J.P. Morgan, and Barclays are the joint bookrunners on the deal. No pricing terms were disclosed.