Babilou, a private network of daycare facilities, received a strategic growth investment from TA Associates.
The financial terms of the transaction were not disclosed. Patrick Sader, a Director at TA Associates will join the company’s Board of Directors in conjunction with the deal.
Founded in Paris in 2003 by Rodolphe and Edouard Carle, Babilou is France’s largest private daycare operator.
Serving children under the age of three, Babilou primarily runs company-owned and operated nurseries serving corporate clients and municipalities. It also manages municipally-owned public facilities.
Babilou also operates 1001 Crèches, an international booking platform through which individuals and businesses can secure daycare spots at Babilou nurseries or partner nurseries. In addition, the company recently launched “Mes Solutions Family”, which provides tutoring for students as well as home care and other services for seniors.
Babilou operates more than 400 nurseries that can accommodate close to 20,000 children in France, Germany, Belgium, Dubai and Switzerland. The 1001 Crèches network offers access to more than 1,400 daycare centers.