BNET Industries

Last Fiscal Year Sales:$212.1M
- Private
- US
Dow Jones Description
Headquartered in Novi, Mich., Learning Care Group, Inc. provides early education and care services to children between the ages of six weeks and 12 years under its umbrella of brands: The Children's Courtyard, Childtime Learning Centers, La Petite Academy, Montessori Unlimited and Tutor Time Child Care / Learning Centers. Today, the company is the fastest-growing, second largest for-profit child care provider in North America. Between these five brands, Learning Care Group has more than 1,100 schools (corporate and franchise) with a system-wide capacity to serve close to 166,000 children in the U.S. and internationally. The children are cared for and educated by approximately 22,000 dedicated directors and teachers. A team of employees who are located in our corporate offices provide support within a culture of service excellence. On January 10th, 2006, Learning Care Group, Inc. was acquired by A.B.C. Learning Centres Limited the largest child care service provider in Australia. Most recently, the company was taken private with Morgan Stanley Private Equity purchasing a 60 percent stake on June 25, 2008. This joint venture allows us to continue our strategic growth plan and remain focused on providing the highest quality care across all of our brands.
Number of Employees 23,000
Contact Information
21333 Haggerty Rd Ste 300
Novi, Michigan 48375
(248) 697-9000
NAICS Code Child Day Care Services: 624410
News & Analysis
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learning care group inc. - All News and Analysis
Briefly.(Learning Care Group acquires Children's Courtyard of Arlington, Texas. Detroit River International Wildlife Refuge secures grant.)
No takers on developing part of county park in Trenton No bids were submitted before the July 21 deadline to develop a 42-acre parcel of 162-acre Elizabeth Park, owned by Wayne County in Trenton. The county issued a request for proposals May...
Learning Care Group Education Leader Keynotes PACE Convention; Early Education Association Celebrates 50th Anniversary
NOVI, Mich. -- Learning Care Group today announced Richard Cohen, vice president of Education, will be making the keynote address at the Professional Association for Childhood Education PACE Leadership Conference this Saturday, March 25 in San Francisco. "The leaders of tomorrow are shaped by the teachers of today," stated...
Learning Care Group Boosts Gross Profits, Continues Revenue Growth in Second Quarter of Fiscal 2006
NOVI, Mich. -- Learning Care Group, Inc. (NASDAQ: LCGI), a leading provider of early child care and education services, today announced operating results for the 12 weeks (second quarter 2006) and 28 weeks year to date ended October 14, 2005. Highlights for the quarter included continued gross profit improvement and...
Learning Care Group sold for $159M.(News)(A.B.C. Learning Centres Ltd.)(Brief Article)
Byline: Brent Snavely Learning Care Group Inc. said Nov. 15 that it has agreed to be acquired by A.B.C. Learning Centres Ltd., Australia's largest provider of private child-care services, for $159.1 million. Learning Care Group (Nasdaq: LCGI) said its board of directors...
The Bellwether Report keeps a close watch on Learning Care Group Inc.
M2 PRESSWIRE-16 November 2005-bellwetherreport.com: The Bellwether Report keeps a close watch on Learning Care Group Inc.C1994-2005 M2 COMMUNICATIONS LTD RDATE:16112005 Today the Bellwether Report has identified Learning Care Group Inc. (NASDAQ:LCGI), a company that our analysts will be tracking over the...
Learning Care Group, Inc. Announces Proposed Acquisition By A.B.C. Learning Centres Limited
NOVI, Mich. -- Learning Care Group, Inc. (NASDAQ:LCGI), today announced it has agreed to be acquired by A.B.C. Learning Centres Limited (ASX:ABS), Australia's largest provider of private child care services. A.B.C. will pay approximately $159.1 million in cash for all outstanding equity of Learning Care Group. With unanimous approval...
Learning Care Group Leads New Class in Women's Leadership Index; Company Receives High Rating for Executive Roles Held by Women
NOVI, Mich. -- Learning Care Group (NASDAQ:LCGI) was honored today by the Michigan Women's Leadership Index WLI, earning the highest ranking of any company new to this year's list- one point shy of "Most Valuable Player" recognition. Published by the Inforum Center for Leadership (formerly the Women's Economic Club of...
Learning Care Group More Than Doubles Net Income, Improves Margins for First Quarter of Fiscal 2006
NOVI, Mich. -- Learning Care Group, Inc. (NASDAQ:LCGI), a leading provider of early child care and education services, today announced operating results for the 16 weeks (first quarter 2006) ended July 22, 2005. Highlights for the quarter included an increase in net income of 118%, as well as improved margins....
Learning Care Group Unveils New Early Education Curricula; Latest Research Drives Unique Educational Offerings at Tutor Time, Childtime
NOVI, Mich. -- The traditional "Three R's" of education have been expanded and revamped as Learning Care Group, Inc. announced it is rolling out two new proprietary curricula at all of its Tutor Time and Childtime learning centers beginning this fall. Over the past year, Learning Care Group's education...
Learning Care Group, Inc. Announces Optional Redemption of 15% Subordinated Notes
NOVI, Mich. -- Learning Care Group, Inc. (NASDAQ:LCGI) today announced that it had elected to initiate an optional redemption of all of the Company's 15% Subordinated Notes due 2008. The aggregate principal amount of the Notes outstanding is $3.5 million. Redemption of the Notes will occur on Sept. 1,...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| William Davis | CEO |
| Kathryn L. Myers | COO |
| Joann Johnson | Vice President of Corporate Operations |
| Melanie de Vries | Vice President |
| Steve Blahunka | Vice President of Franchise Operations |
| Thomas G. Horton | Vice President |
| Ira Young | General Counsel & Corporate Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Benjamin R. Jacobson | Board of Directors |
| Brett D. Shevack | Board of Directors |
| Daniel Boyle | Board of Directors |
| Elsie McCabe | Board of Directors |
| James J. Morgan | Board of Directors |
| Jason K. Feld | Board of Directors |
| Jerry Kane | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Tutor Time Learning Centers, LLC | President, CEO | Current |
| Learning Care Group Inc. | CEO | Current |
| Learning Care Group Inc. | President | Current |
| Learning Care Group Inc. | Chairman | Current |
| Green Mountain Coffee Roasters, Inc. | Board of Directors | Current |
| Tutor Time Learning Systems, Inc. | Chief Executive Officer | Former |
| McKenzie | CEO | Former |
| Green Mountain Coffee Roasters, Inc. | Chairman, President and CEO of Learning Care Group | Former |
| The Chef Express | Chief Executive Officer | Former |
| The Chef Express | President | Former |
| Tutor Time Learning Systems, Inc. | President | Former |
| Vermont.Com | Partner | Former |
| Rondele | Chairman | Former |
| Learning Care Group Inc. | Director | Former |
| University of Vermont | Bachelor, Economics | Former |
| Learning Care Group Inc. | Member | Former |
| Organization | Position | Status |
|---|---|---|
| Learning Care Group Inc. | COO | Current |
JoAnn Johnson has served as vice president of Corporate Operations at Learning Care Group since March 25, 2005. Her primary responsibilities include complete operational oversight of all corporately managed centers and supervision of the Operations Support team. Johnson has held a variety of positions at the company, beginning in 1995 as a Center Director in Phoenix. Prior to holding her current position, Johnson served for two years as West Region Manager, responsible for the day-to-day operations of over 100 centers throughout Washington, California, Nevada and Arizona. Born in Washington, D.C. in 1955, Johnson holds Bachelor of Arts degree in Elementary Education with a concentration in early learning from Virginia Polytechnic Institute and State University in Blacksburg, VA. She is currently working towards a Masters degree in Organizational Management through the University of Phoenix.
| Organization | Position | Status |
|---|---|---|
| Learning Care Group Inc. | Vice President of Corporate Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Learning Care Group Inc. | Vice President | Current |
Steve Blahunka has served as vice president of Franchise Operations at Learning Care Group since March 2004. His primary responsibilities include managing the franchise business unit of Learning Care Group, consisting of over 100 Tutor Time Learning Centers. Prior to joining the company, Blahunka held the positions of Chief Financial Officer for Mapal Incorporated and Chief Operating Officer for Mapal Aaro Incorporated from August 1998 to January 2004. He was responsible for oversight of the U.S.A. operations and finances for the German-based automotive supplier. From 1984 to 1996, he held various management positions at American Speedy Printing Centers, now Allegra Network LLC, an international franchisor of printing centers. Born in Pennsylvania in 1961, Blahunka holds a Bachelor of Science degree in Business Administration from Central Michigan University with a concentration in Marketing. He also holds a Masters of Business Administration from Wayne State University in Detroit, specializing in Finance. In his spare time, Blahunka is an active athletics coach in the community.
| Organization | Position | Status |
|---|---|---|
| Learning Care Group Inc. | Vice President of Franchise Operations | Current |
| Wayne State University | Masters of Business Administration | Former |
| Central Michigan University | Bachelor of Science Degree In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Learning Care Group Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Learning Care Group Inc. | General Counsel & Corporate Secretary | Current |
| Learning Care Group Inc. | Board of Directors | Current |
| Katarincic.Com, Inc. | Associate Attorney | Former |
| Tutor Time Learning Systems, Inc. | Litigation Counsel | Former |
| University of Pittsburgh School of Law | Juris Doctor | Former |
| Organization | Position | Status |
|---|---|---|
| Learning Care Group Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Learning Care Group Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Learning Care Group Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Learning Care Group Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Jacobson Partners | Partner | Current |
| Vitale Caturano & Company | Partner | Current |
| Megadata Corporation | Compensation Committee Chair | Current |
| Massachusetts Society | Board of Directors | Current |
| American Institute of Certified Public Accountants | Board of Directors | Current |
| Bertucci's Corp. | Director | Current |
| Learning Care Group Inc. | Board of Directors | Current |
| American Institute of Certified Public Accountants | Member | Current |
| Innocan | Partner | Former |
| Wajax Limited | Former | |
| Megadata Corporation | Director | Current |
| The University of Western Ontario | Mba | Former |
| Princeton University | Former |
| Organization | Position | Status |
|---|---|---|
| Learning Care Group Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Learning Care Group Inc. | Board of Directors | Current |
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