FOR IMMEDIATE RELEASE
(DALLAS) – Munsch Hardt Kopf & Harr, P.C. (Munsch Hardt), a commercial law firm with more than 110 attorneys and offices in Dallas, Houston and Austin, is proud to announce the assistance in the sale of Children’s Choice Learning Centers, a long-time firm client, completed Monday, July 22, 2013.
Children’s Choice specializes in providing early childcare services and was sold to Bright Horizons, a public company, considered one of the leading childcare providers in the U.S. The transaction was completed for cash consideration of $53 million, inclusive of the value of net operating loss carry forwards. The Munsch Hardt attorneys assisting the sale included: Mark A. Kopidlansky, Christopher D. Speer and Jonathan P. Ursprung and were assisted by paralegals: Annette Beebe and Meg Wingert.
Children's Choice operates 49 employer-sponsored child care centers across the U.S. including small regional clusters in Dallas, Phoenix, and Las Vegas. Other locations are spread across the US in regions that match well with Bright Horizons'(R) existing network of centers. Children's Choice serves a wide range of industries including hospitals, government agencies, corporations, and other employer clients including Wake Forest University, Medical City Dallas, MGM Grand, and multiple sites for the Government Services Administration. The company's Choice4Care(TM) back-up program and regional referral services will be incorporated into Bright Horizons' Back-Up Care Advantage(R) (BUCA(R)) program and will benefit from a much broader network and 24/7 reservation and support services.
About Munsch Hardt Kopf & Harr, P.C.
Munsch Hardt Kopf & Harr, P.C., is a Texas-based commercial law firm with more than 110 attorneys and offices in Dallas, Houston and Austin. The Firm’s tagline ‘We Mean Business,’ illustrates its experienced and nimble approach to providing the highest quality legal services and strategic business advice to companies and individuals of all sizes. The foundation of Munsch Hardt’s service philosophy includes four key points of service: value, innovation, focus and results. Practice groups include all aspects of Business Litigation; Corporate & Securities; Energy & Environmental; Insolvency, Restructuring & Creditors’ Rights; and Real Estate. Munsch Hardt has expertise in several industries, including construction, employment and labor, franchise and distribution, health care and immigration. For more information about the Firm and its services, visit munsch.com.