SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Cadence Education, Inc. (“Cadence”), one of the largest providers of premium early education in North America, is pleased to announce that it has acquired Next Generation Children’s Centers, Inc. (“Next Generation”).
Based in Sudbury, MA, Next Generation offers innovative early childhood education from infant and toddler daycare through preschool and pre-kindergarten at ten locations in greater Boston. The business will continue to operate as Next Generation Children’s Centers, providing high quality education and care to over 2,000 children daily.
Dave Goldberg, CEO of Cadence, said, “Throughout its 23 year history, Next Generation has established itself as the trusted partner for families in greater Boston. The organization shares our mission of providing parents with peace of mind by giving children an exceptional education every fun-filled day in a place as nurturing as home.”
Donna Kelleher, Founder of Next Generation, said, “Cadence Education is a leading provider of early education that shares our values of providing high quality education to children. We are excited about the future growth of Next Generation as part of the Cadence Education Family.”
Matrix Capital Markets Group, Inc. served as exclusive financial advisor to Next Generation. The transaction was led by David Keys, Head of Matrix’s Healthcare Group, along with David Endom and Brady Hill.
ABOUT CADENCE EDUCATION
Cadence Education is a national operator of early childhood education centers for children six weeks to twelve-years-old. With over twenty years of experience, Cadence has over 150 education centers across nineteen states. For additional information about Cadence, please visit www.cadence-education.com.
ABOUT MATRIX CAPITAL MARKETS GROUP, INC.’S HEALTHCARE GROUP
Matrix’s Healthcare Group was founded to provide advisory services to lower middle market companies in the sectors of Health, Wellness, and Education. Matrix professionals have extensive experience as advisors, investors, and operators within these sectors and understand the nuances and regulation that influence performance and market positioning. Team members have executed more than 25 advisory transactions with an aggregate deal value in excess of $2.5 billion. For additional information or to contact team members, please visit www.matrixcmg.com.