Private equity firm buys Bright Horizons Family Solutions

The board of directors of Bright Horizons has approved the merger agreement and is recommending that Bright Horizons' shareholders adopt it. Chief executive officer David Lissy said last week, 'We are excited to team up with Bain Capital, who enthusiastically supports our mission to provide high-quality care, education and work/life solutions to the children, families and clients we serve.' He added that the deal would 'allow us to pursue the opportunities we have to grow and enhance the quality of the education and services we...