Bright Horizons acquires Australia's Only About Children for $320 million. Company operates 75 kindergartens in the Australian states of New South Wales, Victoria and Queensland. Only About Children's revenue for 2021 was about $140 million. Deal is scheduled to close in Q3 2022.

Net income of Bright Horizons Family Solutions under GAAP for the 3 months of 2022 was $19.406 million, up 2.7 times from $7.132 million in the previous year. Revenue increased 17.8% to $460.409 million from $390.84 million a year earlier.

Net income of Bright Horizons Family Solutions under GAAP for 2021 was $70.459 million, up 161% from $26.992 million in the previous year. Revenue increased 15.8% to $1.755 billion from $1.515 billion a year earlier.

Bright Horizons Family Solutions reported a GAAP net profit of $52.766 million for 9M 2021, up 2.2 times from $24.437 million in the previous year. Revenue increased 13.6% to $1.293 billion from $1.138 billion a year earlier.