Award-Winning Childcare Sold in South Carolina
HINGE Advisors is excited to announce the sale of Kid City Child Development Center in Spartanburg, South Carolina.
As one of the fastest-growing metro areas in the country, Spartanburg needs every childcare spot possible to meet demand from an ever-growing population of families and young children. The school’s owner, early education veteran Kris Greer, wanted to ensure her center could continue serving the community as she relocates with her family out of state. With HINGE’s help, she secured a well-matched buyer in a national childcare provider that will continue delivering high-quality early learning programs.
“I’ve been in the daycare business for more than 20 years. I knew when it was time to find a new owner for my center, a national player could take the award-winning programs and opportunities that we provide for our students and staff to the next level,” says Greer. “HINGE Advisors was instrumental in helping me find a wonderful successor that’s truly invested in doing what’s best for our children and teachers.”
Accessing North America’s Top Early Education Buyers and Investors
Based in Greenville, HINGE Advisors has relationships with the most reputable and experienced early education buyers and investors throughout North America. This enables the firm to identify groups whose business strategies and cultures align well with owners looking to sell their school or childcare business.
"Once I got in touch with HINGE, there was no reason to look anywhere else,” notes Greer. From beginning to end, I felt like their only client. They had a compatible buyer for me right off the bat, helped me tremendously with all the back-office work, and gave me the confidence and support I needed to successfully sell my childcare center."
“I would recommend HINGE to my own mother — and I have.”
HINGE’s team manages the entire marketing and transaction process confidentially and is known for successfully closing more school transactions than any other advisor in the United States.
Delivering Peace of Mind
“Kid City is doing a great service for the community,” says HINGE Transaction Advisor Nan Rikard, who spearheaded the sale. “It was a distinct privilege to help a local school with such a strong reputation here in the Upstate start its next chapter and deliver peace of mind for a dedicated and talented childcare leader like Kris.”
In addition to Rikard, the Kid City sale was facilitated by a seasoned team of HINGE Advisors’ early education business and real estate experts, including Financial Analyst Marnie Rhen, Diligence Manager Melissa Davis, and others.
Childcare Owners Need an Advocate
“With high demand for childcare in South Carolina and many other states, we’re seeing strong interest on the acquisition front from buyers and investors who recognize the potential for industry growth and innovation,” adds Rikard.
“Now more than ever, school owners need an advocate to help them carefully consider their options if they are thinking about selling or considering an offer from a buyer. HINGE Advisors is proud to play that role and educate the leaders who make quality early learning accessible every day,” she says.
If you are a childcare owner interested in exploring selling or growth opportunities, contact us confidentially. We’re here to help guide you, no strings attached.