Evolve Education Group will provide investors with exposure to New Zealand's growing ECE (Early Childhood Education) industry. Evolve Education has entered into contracts to acquire Lollipops Educare (which owns and operates 30 ECE Centres), an additional 55 ECE Centres and the Home-based ECE service of PORSE.

Proceeds from the IPO, along with bank finance, will be used to fund these acquisitions and also to position the Evolve Education Group to pursue further acquisition opportunities.