Sycamore Partners Acquires Goddard Systems, Leading Franchisor of High-End Early Childhood Education Centers

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NEW YORK, June 30, 2022 /PRNewswire/ — Sycamore Partners, a private equity firm specializing in retail, consumer and distribution-related investments, today announced the acquisition of Goddard Systems, franchisor of The Goddard School, with a subsidiary of Wind River Holdings, LP, a private investment firm.

“Goddard Systems is the leading brand in the large and growing high-end childcare and education market,” said Stefan Kalouzny, Managing Director of Sycamore Partners. “We look forward to partnering with management to support Goddard Systems’ thriving franchise network in furthering the company’s important mission of caring for and nurturing children.”

“We are delighted to partner with Sycamore as we continue to strengthen our business and build on our successes,” said Dennis R. Maple, Chairman and CEO of Goddard Systems. “Given our well-established foundations and clear strategic roadmap, we anticipate this transition to be smooth for the franchisees and families we serve and support. Our team remains focused on providing families with the educational environment of the highest quality for which we are known.”

Barclays acted as financial advisor to Sycamore Partners, and Kirkland & Ellis and Ropes & Gray acted as legal advisors. Baird served as financial advisor to Wind River and Hogan Lovells acted as legal advisor.

About Goddard Systems, Inc.

Established in 1988, Goddard Systems, the franchisor of The Goddard School, is the recognized leader in the premium early childhood and education market segment. Based at King of Prussia, PennsylvaniaGoddard Systems has consistently been named one of the best child care franchises in United States by Entrepreneur magazine and one of the top 200 franchise systems (by worldwide sales) by Franchise Times. Goddard Systems currently licenses nearly 600 Goddard School franchises serving more than 80,000 students in 37 states and washington d.c. For more information, visit goddardschoolfranchise.com.

About Sycamore Partners

Sycamore Partners is a private equity firm based in New York. The firm specializes in retail, consumer and distribution related investments and partners with management teams to improve the operational profitability and strategic value of their business. With about $10 billion in total committed capital raised since its inception in 2011, Sycamore Partners’ investors include leading endowments, financial institutions, family offices, pension plans and sovereign wealth funds. For more information about Sycamore Partners, visit www.sycamorepartners.com.

Contact for Sycamore Partners
Michel Freitag Where Arielle Rothstein
Joelle FrankWilkinson Brimmer Katcher
(212) 355-4449
[email protected]

SOURCE Sycamore Partners

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