Bright Horizons completes AUD$450M acquisition of Only About Children in Australia

BRIGHT HORIZONS FAMILY SOLUTIONS INC.

Acquired Nemo (BC) HoldCo, owner of Only About Children, a child care operator in Australia.
Initial payment of AUD$300M (~$207M USD), net of cash acquired, plus AUD$150M (~$106.5M) deferred 18 months post-closing.
Transaction funded entirely with cash on hand.
Only About Children adds ~80 child care centers and ~10,000 enrolled children across Australia.

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