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Think Childcare (ASX: TNK)

Think Childcare is an Australian childcare provider with a substantial presence, operating 90 centers nationwide and employing approximately 2,200 individuals. The organisation offers childcare services under the Nido brand, catering to babies, toddlers, and young children on a full or part-time basis. Think Childcare Group owns and manages approximately 78 centers. It was established in 2019 and is headquartered in Drummoyne, Australia. Busy Bees acquired Think Childcare in 2021.

Here are the latest articles on Think Childcare (ASX: TNK)

Kip McGrath expects FY23 revenue to see 10% boost as education operators profit from increased subsidies

Despite all the corporate cash grabs to profit from the Government’s Child Care Subsidy boost, there’s plenty of profit opportunity in the next age bracket up too with tutoring provider Kip McGrath (ASX: KME) issuing an earnings upgrade, primarily from rising demand for tuition services. Government-affiliated tutoring provider Kip McGrath forecasts a revenue boost, citing

Think Childcare acquire more centres, receives takeover offer

Early childhood education company Think Childcare (ASX: TNK) has added four news childcare centres to their network on the same day the operator has received a takeover offer at a notable premium on their share price. The takeover bid comes from private equity company Alceon Group at an indicative price price of 1.35 per share