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KinderCare IPO Triumphs on NYSE Debut

KinderCare IPO Triumphs on NYSE Debut

Princess Private Equity Holding (GB:PEY) has released an update.

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Partners Group Private Equity Limited’s portfolio company, KinderCare, has successfully listed on the New York Stock Exchange with its IPO pricing at $24 per share and raising $576 million. KinderCare, a prominent provider of early childhood education in the US, saw its market capitalization reach $3 billion after its stock value increased on the first trading day. The company, which Partners Group acquired in 2015, operates over 2,400 centers and serves more than 200,000 children.

For further insights into GB:PEY stock, check out TipRanks’ Stock Analysis page.

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