Bright Horizons Family Solutions Inc. (BFAM)

Provider of employer-sponsored child care, early education, and work/life solutions.

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Bright Horizons Family Solutions Inc. is a leading provider of early education, child care, back-up care, educational advisory, and workplace solutions for employers and families. The company’s operations are divided into three main segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory and Other Services. This structure enables Bright Horizons to deliver comprehensive and flexible services tailored to the diverse needs of families and organizations.

The Full Service Center-Based Child Care segment provides a range of services, including traditional center-based child care, early education, preschool, and elementary education. These services are designed to support the developmental and educational needs of children, promoting a nurturing and enriching environment. The Back-Up Care segment complements this by offering center-based back-up child care, in-home child and adult/elder dependent care, school-age camps, virtual tutoring, and self-sourced reimbursed care services. These services are available through various child care centers, school-age campuses, and in-home caregivers, ensuring support is readily available when needed.

The Educational Advisory and Other Services segment enhances Bright Horizons' offerings with tuition assistance, student loan repayment program administration, workforce education, educational consulting services, and college admissions advisory services. These services are designed to help families and employees navigate educational challenges and opportunities, providing valuable support for academic and career development.

As of December 31, 2021, Bright Horizons operated 1,014 child care and early education centers across the United States, Puerto Rico, the United Kingdom, Canada, the Netherlands, and India. Founded in 1986 as Bright Horizons Solutions Corp. and rebranded in July 2012, the company is headquartered in Newton, Massachusetts. Bright Horizons continues to innovate and expand its services to meet the evolving needs of the communities it serves.

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