Eleven Edge Early Learning centres to close after failing to find buyers

The Edge Early Learning group has announced the closure of 11 of its childcare centres across Australia, after being unable to find suitable buyers for these facilities. These centres will cease operations, leaving parents and staff grappling with the sudden change. Administrators from KordaMentha, the company managing Edge Early Learning, secured offers for 53 centres across the country, including Queensland and South Australia.

Not-for-profit organization GoodStart Early Learning was interested in acquiring 31 of these facilities. However, despite their efforts, no buyers could be found for the remaining 11 centres, which are deemed not viable to continue operating. Parents at the affected centres were informed about potential nearby facilities with available spots, some of which became available for new enrolments.

KordaMentha administrator David Johnstone expressed concern over the impact these closures will have on both staff members and families who now need to find alternative childcare arrangements. The closures occurred following the collapse of Edge Early Learning in August, amid a challenging environment for childcare operators.