KinderCare Postpones IPO Citing Regulatory Issues

KinderCare Education, one of the nation’s largest for-profit child-care providers, said it would indefinitely delay an initial public offering due to unspecified regulatory delays.

Portland, Ore.-based KinderCare aimed to raise at least $460 million in an offering that would have valued the company at around $3 billion. It was slated to make its market debut Thursday on the New York Stock Exchange with the ticker KLC.