O2B Kids Early Education, which is a Gainesville, Fla.-based provider of early education services for children in the Southeast, which has also received an investment from Spire Capital Partners.
David Schaible, Andy Armstrong and Rupali Varma will join O2B’s Board of Directors as part of the investment. The amount of the deal made in partnership with management was not disclosed by any of the company officials.
The company has a plans to use the funds to continue to expand its footprint of schools in areas that are currently underserved, proprietary curriculum and technology management system.
The company which is founded in the year 1998 by Andy Sherrard, who will continue to lead the team as CEO, and Danny Stevens, O2B offers preschool education for children 0 to 5 years old, afterschool enrichment programs for elementary school students, and a family membership program for all kids 0 to 13 years old in the Southeast U.S.
“I am thrilled to be leading O2B into this significant growth phase of the company,” said Andy Sherrard, CEO of O2B. “Our proven management team will continue to do what we enjoy – provide unique educational opportunities to children and partner with parents who are seeking the best education and development for their children. Our team has operated some of the highest quality schools in Florida for 20 years and we are thrilled to expand our school footprint to offer the same enriching opportunities to children in other geographies.”
“We believe O2B is well-positioned to capitalize on the increasing importance of early childhood education and is ready to bring its unique, educational business model to new communities,” said David Schaible of Spire. “We are excited to partner with Andy, Danny and their management team. Well-known in the industry, they are proven education entrepreneurs who provide a differentiated curriculum and learning environment for the development of young children.”
The company utilizes its internally developed proprietary curriculum and provides Preschool, Afterschool and classes for music, dance, sports, science, arts, language and other elective activities.
All O2B schools are nationally accredited, or currently in the accreditation process, with The National Accreditation Commission for Early Care and Education Programs, with the currently accredited schools recognized by the State of Florida as Gold Seal Quality schools.
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