KinderCare Learning Centers

Chief Executive Grassgreen, informed by 'junk bond king' Michael Milken from the firm of Drexel Burnham Lambert, led the company on an ill-conceived diversification plan in the late 1980s.The company continued operating, although, according to a 1988 Forbes article, less than half of Kinder-Care's sales and profits for the year were expected to come from its child care centers.In January 1993, in a move that helped their balance sheet, KinderCare sold off Sylvan Learning Centers for $8 million.[13] The deal, valued at over US$1 billion, made KLC the nation's largest private childcare and education provider.[18] The parent company, KinderCare Education, also operates Knowledge Beginnings, Children's Creative Learning Centers (CCLC), and Champions.[24] George Ritzer criticizes the company for "hir[ing] short-term employees with little or no experience in child care".
One of the company's schools in Philadelphia, PA
Traded asEarly Childhood EducationMontgomery, AlabamaPortland, OregonParentKinderCare Educationchild carePhiladelphia, PASylvan Learningcamel caseconglomerationAmerican Savingsjunk bondMichael MilkenDrexel Burnham LambertBlack Monday crash of 1987COVID-19 pandemic in OregonNational Association for the Education of Young ChildrenMarylandMcDonaldizationGeorge RitzerList of companies based in OregonOregonliveOregon-based companiesNYSE listedDutch Bros. CoffeeGreenbrier CompaniesLithia MotorsNike, Inc.NW NaturalPortland General ElectricNasdaq listedColumbia SportswearLatticeRadius RecyclingUmpqua HoldingsWillamette Valley VineyardsBob's Red MillConsumer CellularErickson Inc.First Tech Federal Credit UnionFranz BakeryHoffman ConstructionInFocusLaika, LLCLeathermanLeupold & StevensThe Old Spaghetti FactoryParr LumberPlaid PantryRadisysRentrakReser's Fine FoodsRoseburg Forest ProductsShari's Cafe & PiesVigor IndustrialBi-MartTillamook CreameryWestern Family Foods