Inc. and as an officer or director of other privately-held affiliates of KLC and Krest
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$2.5 million will be paid to KUE by KLC pursuant to the existing
consulting and financial planning services on an ongoing basis to KLC and its
KLC is obligated te pay Knowledge Universe Limited
Inc. and an officer or director of other privately-held affiliates of KLC and
and KSI contributed ESI to KLC. In connection with the KinderCare acquisition
KLC OpCo can generate attractive returns.
the Company's executives do not have long-term employment agreements. KLC
prior to Its acquisition by KLC. Pro forma
KLC is the only large competitor in the sector owned by an
KLC incurred approximately $2.3 million of parallel organization costs ($28.1 million on
but which are inherently uncertain and may not be realized. KLC PropCo’s
because KLC can command higher tuition rates in
referral sources and organizations KLC partners with for its employer-sponsored centers. In
KLC records revenues from fees and other income in a majority of its