PE Tech Report


Like this article?

Sign up to our free newsletter

TA Associates invests in Babilou

Daycare facilities provider Babilou has received a growth investment from TA Associates.

Société Générale and Raise are shareholders of the Babilou Group, and the company remains majority-owned by the founding Carle family.
Financial terms of the transaction were not disclosed.
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 centres.
“In seeking an investor, our preference was for an international firm with a history of helping successful businesses accelerate growth,” says Rodolphe Carle, co-president and co-founder, Babilou. “We also wanted a partner that shared our values, including a focus on teamwork and a commitment to quality, operational excellence and continuous improvement. We believe TA is an experienced global firm with a culture of collaboration and creating opportunity for the companies in which it invests, and is an ideal fit for Babilou.”
“Babilou has become a leader in private-management nurseries with what we believe is a reputation for excellence in providing families with tailored and qualitative childcare, and helping businesses address employees’ daycare needs,” says Patrick Sader, a director at TA Associates who will join the company’s board of directors. “Babilou has enjoyed strong organic and acquisitive growth, and is increasingly becoming a global company. We look forward to partnering with Rodolphe, Edouard and their team, helping continue the evolution of Babilou.”
“Since our initial investment in 2013, Babilou has experienced continued growth, laying the foundation for its future development,” says Jean-Marie Laurent Josi, CEO of Cobepa and member of the Babilou board of directors. “As a committed and supportive shareholder, we have a history of helping successful businesses such as Babilou over the long term. We are pleased to continue our partnership with Babilou as we begin this next phase of the company’s growth.”
Rothschild, Acetis Finance and KPMG served as financial advisers and Linklaters, Jeausserand-Audouard and Reboul & Associés served as legal counsel to Babilou. KPMG served as financial adviser and Latham & Watkins served as legal counsel to TA Associates.

Like this article? Sign up to our free newsletter