Event Details

This document is a financial projection schedule for 'KLC OpCo' (likely Knowledge Learning Corporation) covering the years 2005 through 2011. It details EBITDA adjustments, including restructuring charges for the acquisitions of AER and KinderCare, and notes a $7.8 million payment related to the 2006 departure of the CEO. The document bears a House Oversight Bates stamp.

This document appears to be page 82 of a larger corporate report or offering memorandum provided to the House Oversight Committee (stamped HOUSE_OVERSIGHT_024515). It details the operational structure and financials of 'KLC OpCo' (Knowledge Learning Corporation), focusing on its Early Childhood Education (ECE) unit, including the acquisition of KinderCare. It provides revenue figures for the fiscal year ending December 31, 2005, and describes the company's business units and physical facilities.

This document is page 92 of a financial memorandum (Bates stamped HOUSE_OVERSIGHT_024525) detailing corporate restructuring involving KLC (Knowledge Learning Corporation) around 2005. It outlines a real estate transaction where KLC OpCo transferred properties to KLC PropCo to be leased back, notes the acquisition of KinderCare, and mentions Wayne Pipes as the VP of Real Estate. It also includes environmental liability disclaimers and financial projection discussions involving pro forma adjustments of $96.3 million in rent expenses.