Bright Horizons Family Solutions Acquires My Family Care: Supporting the delivery of increased family solutions to support employers’ people strategies
5th February 2019 – Bright Horizons® a global provider of child care, early education and employer solutions, announced it has completed the acquisition of My Family Care in the UK.
My Family Care is a company committed, like Bright Horizons, to supporting family-friendly workplaces through a combination of innovative technology and practical solutions. Both companies have a long history of partnering with leading employers such as IBM, Procter & Gamble, and Bank of America Merrill Lynch to provide effective, inclusive dependant care solutions to working families.
With employers focused on providing opportunities to encourage and support the broadest range of individuals to achieve their career goals, particularly in the context of gender pay reporting and inclusion, Bright Horizons is well placed to help them achieve these goals.
James Tugendhat, Managing Director International, Bright Horizons:
Employers increasingly understand that employees need a range of supports to balance work with their demanding family lives, and to stay happy and productive. Firms want scalable solutions, from coaching to workplace nurseries, alongside consistent quality. With My Family Care on board, we believe we are even better placed to help employers provide solutions built for the modern workforce.
Ben Black, CEO, My Family Care:
I’m looking forward to a great future together as My Family Care joins Bright Horizons. It’s a fantastic opportunity to support our clients with an even wider range of services designed to help their employees achieve their personal and professional goals.
About Bright Horizons
Bright Horizons is trusted by families around the world to provide care and education for their children. Operating more than 1,000 child care centers, Bright Horizons cares for approximately 116,000 children annually in the United States, the United Kingdom, the Netherlands, Canada and India. Used by more than 1,100 of the world’s best employers across industries, Bright Horizons back-up child and elder care, tuition program management, education advising, and student loan repayment programs support employees through every life and career stage, and help people succeed at work and at home. For more information, go to www.brighthorizons.com
About My Family Care
Founded in 2005 by Ben and Oliver Black and Amanda Coxen, My Family Care provides back-up care, including emergency childcare, maternity and paternity coaching and consultancy and training services to a wide range of clients.
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding the acquisition, and can be identified by the use of forward-looking terminology, including “believes,” “expects,” should,” or their negatives or similar terminology and include all matters that are not historical fact. The Company’s actual results may vary significantly from the results anticipated in these forward-looking statements. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. These risks and uncertainties are described in the “Risk Factors” section of our Annual Report on Form 10-K filed February 28, 2018, and other filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the time of this release and we do not undertake to publicly update or revise them, whether as a result of new information, future events or otherwise, except as required by law.