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đź”´ PRIVATE EQUITY OWNED
The Goddard School
childcare · King of Prussia, PA
PE Firm
Sycamore Partners
Year Acquired
2022
“Premium preschool, PE-backed since 2022. Sycamore owns your kid's daycare and your Walgreens.”
The PE Playbook
- •Sycamore Partners (also owns Walgreens and Staples) acquired Goddard Systems in 2022
- •Nearly 600 franchised locations across 37 states serving 80,000+ students
- •Sycamore is known for aggressive cost-cutting at its retail portfolio companies
- •Part of the PE rush into childcare — a sector with captive demand and pricing power