I thought it was only fair to publish a coloum written by Columnist for the Globe and Mail talking about his fears for Edleun. He certainly has a good grasp of the business model but there is some far more underlying things that will ensure Edleun's success beyond the purchase price and value add to the property.
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It was great to hear Kids and Company have opened another location in Edmonton. Reported in the Edmonton Journal by Bill Mah see below the latest in Kids and Company's 40th location.
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Daycare company Edleun is teaming up with one of the nation’s largest landlords to bring much-needed new childcare spots to apartment buildings. The move is the latest piece in the Calgary firm’s aggressive expansion of its controversial model of for-profit daycare centres.
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Collins Acquisitions has again successfully brokered the acquisition of another center in Ontario for the Edleun Group Inc. This deal is particular good for all parties given the nature of the owners situation. We were able to assist them in ensuring the employees, children and parents have continuation of their current care however difficult the owners financial position has been. See more below from Edleun's press release:
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British group Busy Bees Holdings Limited, purchased Early Years Childcare Limited, the child care group with nine locations and over 685 places. This acquisition increases Busy Bees’ position in the market as the largest UK Child care group.
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