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  • Board member David Schaible, CEO Patrick Fenton, COO Karen Krygier and CFO Paul Hafeli (left to right) discuss the early education market and potential acquisitions at the Company headquarters in Troy, MI.

Rainbow Child Care Center

Rainbow Early Education Holdings (“REEH”) is a leading provider of early education services in the Midwest, Mid-Atlantic and Southeast. Rainbow was formed in April 2010 through the merger of Rainbow Child Development, Little Pro's Academy Holdings and Mayberry Learning Center. Rainbow operates 106 early education schools as well as before/after school programs in 12 states across the Midwest, Mid-Atlantic and Southeast. Rainbow’s enrollment and offerings are geared towards the premium market and receives over 90% of its revenue from private pay tuition. Rainbow primarily serves its local community customers near its schools, but has focused on expanding its corporate early education services to commercial partners including Chrysler, Ford, Whirlpool, Zimmer, GM, IBM, Bank of America, Fidelity, local area hospitals and others.

Quick Facts

  • Date of Initial Investment: 5/4/2010
  • Status: Exited to Quad-C in June 2016
  • Type of investment: Fund II