Think Childcare and Education (TNK) intends to own and manage long day childcare facilities in Australia for children between the ages of six weeks and six years old, with an initial portfolio of thirty (30) owned Centres and seventeen (17) Externally Owned Centres that are managed by the Company.
Upon listing, Think Childcare and Education intends to acquire:
• 15 LEA Centres, located in Victoria, Sydney and the Central Coast (the LEA Centres); and
• A further 15 Childcare Centres located in Victoria from various owners (Baker Street Centres). Settlement of the Baker Street Centres is expected to occur within 2 months of Listing.