Project Playground
Financial data
Project Playground isa profitable Belgian childcare group with four locations in East Flanders and a total capacity of 92 spots for infants and toddlers.
The company operates primarily under the income-based fee system (IKT), in which parental contributions are supplemented by subsidies from Opgroeien. As a result, Project Playground has a defensive and predictable revenue profile within a highly regulated sector.
The company has an experienced team of 17 people. Thanks to local responsibility at each location and central operational support, Project Playground operates largely autonomously. Day-to-day operations are supported by an in-house digital childcare platform designed for staff scheduling, occupancy management, daily attendance tracking, billing, and parent communication, among other functions. In addition, Project Playground distinguishes itself through a fully all-inclusive childcare concept, which includes hot meals and care products.
The shareholders are seeking a suitable buyer who can support the continuity and further growth of Project Playground.
Scope of the transaction: acquisition of 100% of the shares, with the option to acquire additional real estate
Normalized revenue FY25: approx. €1.6m
Normalized EBITDA FY25: approx. €264k
- Location
- Oost-Vlaanderen
- Legal form
- Company
- Number of employees
- 16
- Customer type
- B2C (Business to Consumer)
- Active since
- 2010
- Real estate included
- Yes
- Translated from
- Dutch
- Disclaimer
- Takeover market is not responsible for the content. Please check for accuracy and completeness.
Offered by