Childcare Is in Chaos. Private Equity and For-Profit Chains Are Swooping In. ...Middle East

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Childcare Is in Chaos. Private Equity and For-Profit Chains Are Swooping In.
The picture of American childcare is one of chaos. The sector is still down 100,000 educators from pre-pandemic levels, nearly 10 percent of the workforce. Meanwhile, staffing shortages have led to agony for parents running into waitlist after waitlist. Thousands of programs have shuttered permanently, unable to keep the lights on. Only one player in childcare is expanding: large, for-profit chains. Together, the top 11 chains—almost all of which are backed by private equity or publicly traded, most prominent among them being Kindercare, Bright Horizons, Goddard, the Learning Experience, and Primrose—serve around 12 percent of the 7.5 million children who attend center-based care every day.

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