Quad-C Management Announces Investment in Rainbow Early Education


Charlottesville, VA. July 7, 2016 – Quad-C Management, a leading middle market private equity firm, today announced it has closed on an investment in Rainbow Early Education (“Rainbow”), a leading provider of early education services. Rainbow management, led by Patrick Fenton, maintains significant ownership in the business. Terms of the deal were not disclosed.

Based in Troy, Michigan, Rainbow is a leading early education provider delivering high-quality education and care to over 10,000 students, parents and employer partners across 120 schools in twelve states.

“We spent over a year vetting potential partners and felt that Quad-C’s strong industry knowledge and experience with owner-operators was the best fit for us,” said Pat Fenton, CEO of Rainbow. “Having opened or acquired over 90 schools in the past six years, we decided that Quad-C’s substantial capital and industry and M&A expertise would allow us to accelerate our rapid growth even further.”

“We were drawn to Rainbow because of its proven track record of developing and acquiring new schools and providing young children with a high-quality learning experience,” said Tim Billings, Partner at Quad-C Management. “Pat Fenton and his management team have done an excellent job building out the Rainbow platform in recent years, and we’re looking forward to supporting the company’s organic and acquisition-driven growth strategies going forward.”

The Rainbow investment is the latest deal in the education and training sector for Quad-C. Recent education and training investments include Colibri, a leading provider of learning solutions to over 400,000 licensed professionals within the real estate, healthcare and personal care markets.

About Rainbow Early Education

Rainbow is a leading early education provider serving over 10,000 students and operates more than 120 schools across twelve states. Rainbow provides a differentiated early education offering, including state-of-the-art schools that offer proven, all-inclusive early education curriculum that is enhanced with enrichment programs to facilitate exploration of music, dance, art, athletics, fitness, interaction and community. Rainbow serves families and blue-chip enterprises including corporations, hospitals and universities. Rainbow is headquartered in Troy, Michigan. To learn more about Rainbow’s offerings please, visit us at: www.rainbowccc.com or www.facebook.com/rainbowccc

About Quad-C

Founded in 1989 and headquartered in Charlottesville, Virginia, Quad-C is a middle market private equity firm focused on investing in well-established business services, consumer, general industrial, healthcare, specialty distribution and transportation and logistics companies. In its 25-year history, Quad-C has invested over $2 billion of equity across more than 50 companies. The Quad-C team is committed to partnering with entrepreneurs and management teams to accelerate growth and create long-term value. www.quadcmanagement.com

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