Child care shake-up: Bright Horizons opening in Downtown Brooklyn. Company is owned by Bain Capital.
Operators of a national child care company owned by Bain Capital, the enterprise formerly led by Republican presidential hopeful Mitt Romney, are about to shake up the high-priced child care market in Downtown Brooklyn and Brooklyn Heights.
Bright Horizons Family Solutions announced on Monday that it plans to open a 15,000 square foot facility at 345 Adams St., at the busy corner of Willoughby Street near the Brooklyn Heights end of the Fulton Street Mall, capitalizing on the growing number of affluent parents who either live or work in the area.
The chain, the nation’s second-largest for-profit day care provider, with 700 centers across the United States, Europe, Canada and India, specializes in employer-sponsored child care — both regularly-scheduled care and “back-up care” that kicks in when parents need temporary support — in addition to care that is directly contracted by individual parents.