Right At School is a leading national provider of before and after school childcare in the U.S.

www.rightatschool.com

Investment

N/A

Fund

ONCAP V

Period

July 2023 – Present

ONCAP Team

Adam Shantz
Rene Boissonnault

Right At School logo

Transaction Summary

ONCAP made a majority equity investment in partnership with Right At School's founder and management team in July 2023.

Business Description

Based in Chicago, Illinois, Right At School is a leading national provider of before and after school childcare in the U.S. The Company offers care directly on-site at ~900 schools across 18 states and serves ~49,000 students per year.

Investment Thesis

ONCAP was attracted to Right At School due to its: (i) market-leading position in before & after school care; (ii) excellent culture focused on the student experience; (iii) opportunity for organic growth given significant whitespace and fragmented nature of the industry; (iv) multiple levers for growth; (v) attractive unit economics and strong cash flow characteristics and (vi) committed and entrepreneurial management team.