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2.3 MB
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Extraction Summary

3
People
12
Organizations
0
Locations
2
Events
3
Relationships
3
Quotes

Document Information

Type: Financial disclosure / legal document (likely from an annual report or sec filing)
File Size: 2.3 MB
Summary

This document, page 134 of a House Oversight production, details related party transactions involving KLC (Knowledge Learning Corporation) and its affiliates. It outlines a management services agreement with Knowledge Universe Limited LLC involving a $2.5 million annual fee, financing details for the KinderCare acquisition involving $250 million in notes, and relationships with the law firm Maron & Sandler and RFG Financial Group. Specific individuals mentioned include Mr. Maron, Mr. Sandler, and Ralph Finerman, highlighting their board memberships and financial interests in the entities.

People (3)

Name Role Context
Maron Shareholder of Maron & Sandler; Board Member
Shareholder of Maron & Sandler; member of the board of directors of KLC and its parent, KSI; holds interest in entity...
Sandler Shareholder of Maron & Sandler; Board Member; General Counsel
Shareholder of Maron & Sandler; member of the board of directors of KSI; General Counsel of KUE.
Ralph Finerman Controller of RFG Financial Group; Board Member
Controls RFG Financial Group, Inc.; member of the boards of directors of KLC and Nextera Enterprises, Inc.; officer/d...

Timeline (2 events)

2005
KinderCare Acquisition
N/A
KLC Affiliates
November 2004
Purchase of EdSolutions, Inc. (ESI)
N/A

Relationships (3)

Maron Business Partners Sandler
Shareholders of Maron & Sandler law firm.
Ralph Finerman Board Member / Controller of Service Provider KLC
Member of the board of directors of KLC; Controls RFG Financial Group which provides consulting to KULG.
Maron Board Member / Investor KSI
Member of board; holds interest in entity that holds common stock of KSI.

Key Quotes (3)

"KLC is a party to a management services agreement with Knowledge Universe Limited LLC, one of our affiliates controlled by the Principals"
Source
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Quote #1
"In consideration of these services, KLC is obligated to pay Knowledge Universe Limited LLC an annual management fee of $2.5 million"
Source
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Quote #2
"The law firm of Maron & Sandler serves as outside general counsel to us and our affiliates."
Source
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Quote #3

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