Bright Horizons Family Solutions

Bright Horizons Family Solutions (NYSE: BFAM) is a United States–based child-care provider and is the largest provider of employer-sponsored child care.[1] It is headquartered in Watertown, Massachusetts.

Bright Horizons was founded in 1986 by Massachusetts-based Bright Horizons Linda A. Mason and Roger H. Brown.[2]

In 2014, Bright Horizons Family Solutions was named for the fifteenth time to Fortune Magazine's annual "100 Best Places to Work in America", citing that "last year CEO Dave Lissy awarded two-week paid sabbaticals to 25 high-performing child-care-center managers with 20 or more years of service."[3]

Bright Horizons operates more than 700 child care centers worldwide, more than 600 across the U.S. and more than 200 in the UK and Ireland. The company also operates centers in Canada and Puerto Rico. Bright Horizons acquired kidsunlimited in April 2013, which has 64 nurseries and a successful childcare vouchers business.[4] This development means that Bright Horizons now serves around 15,500 children and families. Bright Horizons child care centers are typically sponsored by major employers and operated for employees of the sponsoring companies. Their clients include nearly 100 Fortune 500 companies, as well as other corporations, hospitals, universities, government agencies, and service firms. In addition to its core service of child care the company offers back-up child care and elder care, operates six elementary schools and offers educational advising and tuition reimbursement administration its College Coach[5] and EdAssist divisions.

The Advisory Board includes scholars and practitioners such as Ed Schein and Stew Friedman. The company was publicly traded on the Nasdaq under the ticker symbol: BFAM until it was acquired by Bain Capital in May 2008.

In 1999, the senior leadership team at Bright Horizons formed the Bright Horizons Foundation for Children®. Through the Foundation, Bright Horizons supports nonprofit organizations with a focus on programs for children and families. The Foundation is headquartered in Brentwood, Tennessee.[6]

Bright Spaces®, the Foundation’s flagship program, creates play rooms for children in crisis in partnerships with Bright Horizons’ clients, other nonprofits, city governments, and other organizations. There are currently more than 250 Bright Spaces open in the United States that serve more than 10,000 children and families every month.

References

  1. ↑ Child Care Information Exchange
  2. ↑ "Executive Team". Bright Horizons Family Services. Retrieved 2007-01-12.
  3. ↑ http://money.cnn.com/magazines/fortune/best-companies/2014/snapshots/77.html?iid=BC14_fl_list
  4. ↑ "Corporate Information". kidsunlimited. Retrieved 2013-01-12.
  5. ↑ ["http://www.getintocollege.com" "College Coach"] Check |url= value (help).
  6. ↑ Child Care Information Exchange

External links


This article is issued from Wikipedia - version of the 6/14/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.