Event Details

January 01, 2004

Description

Acquisition of AER

Participants (2)

Name Type Mentions
KLC organization 174 View Entity
AER organization 65 View Entity

Source Documents (1)

HOUSE_OVERSIGHT_024529.jpg

Financial Projection Schedule / Memorandum Page • 1.53 MB
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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.

Related Events

Events with shared participants

KLC's fiscal year 2005 audit

2005-01-01 • N/A

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KLC fiscal year audit

2005-01-01 • N/A

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KLC acquired Aramark Educational Resources (AER)

2003-05-01 • U.S.

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KLC separated its education operations from its real estate assets.

2005-11-01 • USA

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KLC divided its business into PropCo (real estate) and OpCo (operations).

2005-11-01 • N/A

View

KLC separated its education operations (KLC OpCo) from its real estate assets (KLC PropCo).

2005-11-01 • USA

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Separation of business into operating (KLC OpCo) and property (KLC PropCo).

2005-11-01 • N/A

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Separation of KLC into KLC OpCo and KLC PropCo

2005-11-01 • United States

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Hypothetical date for pro forma financial adjustments

2004-01-01 • Unknown

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Real Estate Transaction

Date unknown • Nationwide

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Event Metadata

Type
Unknown
Location
Unknown
Significance Score
5/10
Participants
2
Source Documents
1
Extracted
2025-11-21 00:39

Additional Data

Source
HOUSE_OVERSIGHT_024529.jpg
Date String
2004

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