Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Childtime history
Childtime company history timeline
1967: Company begins operations in Illinois.
The child-care firm was acquired by Michigan-based baby food manufacturer Gerber Products Company in 1973, and the name was changed to Gerber Children's Centers, Inc.
Tutor Time was established in 1988 in Boca Raton, Florida.
The business suffered losses of about $3 million, and enrollment sagged--the centers, which numbered 115 in 1990, operated at about 60 percent of capacity at best, and 19 of the total were only half full.
Childtime moved its headquarters again in 1992, to Farmington Hills, Michigan, and by the end of that year business was on the upswing--of the 19 centers that had been running at half capacity at the beginning of the decade, 16 had recovered and become profitable.
By 1993 Childtime posted revenues of $44 million and a profit of $1 million.
1996: Company goes public and begins trading on the NASDAQ.
In 1998 Children's Discovery Center was bought by Knowledge Universe, an investment company led by infamous junk bond dealer Michael Milken, Milken's brother Lowell, and Oracle Systems Corporation Chairman Lawrence Ellison.
Net income also increased, from $4.35 million in 1998 to $5.1 million.
Rate Childtime's efforts to communicate its history to employees.
Childtime jobs
Do you work at Childtime?
Is Childtime's vision a big part of strategic planning?
Childtime competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| KinderCare Education | 1969 | $2.7B | 36,000 | 1,913 |
| Bright Horizons | 1986 | $2.7B | 23,499 | 651 |
| Goddard School | 1988 | $1.3M | 50 | 2,307 |
| The Children's Courtyard | 1986 | $17.0M | 75 | - |
| Crème de la Crème | 1982 | $49.9M | 1,000 | 160 |
| Childcare Network | 1988 | $220.0M | 3,000 | - |
| Kids 'R' Kids | 1985 | $4.0M | 35 | 132 |
| Tutor Time | 1988 | $1.6M | 30 | - |
| The Learning Experience | 1980 | $1.4M | 50 | 2,785 |
| Children of America | 1999 | $140.0M | 1,200 | 227 |
Childtime history FAQs
Zippia gives an in-depth look into the details of Childtime, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Childtime. The employee data is based on information from people who have self-reported their past or current employments at Childtime. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Childtime. The data presented on this page does not represent the view of Childtime and its employees or that of Zippia.
Childtime may also be known as or be related to Childtime, Childtime Childcare Inc, Childtime Childcare, Inc. and Childtime Learning Centers.