Bright Horizons Family Solutions Announces Secondary Offering of 4,000,000 Shares of Common Stock

11/8/17

Bright Horizons Family Solutions Inc. (NYSE: BFAM) today announced that certain of its stockholders, including its Chief Executive Officer intend to offer for sale 4,000,000 shares of its common stock pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission, of which the Company intends to repurchase from the underwriter 1,000,000 shares of common stock.

The Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the Company.

The Company's per-share purchase price for the repurchased shares will be the same as the per-share purchase price payable by the underwriter to the Selling Stockholders. The Company intends to fund the share repurchase with cash on hand and borrowings under its revolving credit facility.

Goldman Sachs & Co. LLC and Barclays will act as underwriters for the offering.

About Bright Horizons Family Solutions Inc.

Bright Horizons Family Solutions® is a leading provider of high-quality child care, early education and other services designed to help employers and families better address the challenges of work and family life. The Company provides center-based full service child care, back-up dependent care and educational advisory services to more than 1,100 clients across the United States, the United Kingdom, the Netherlands, Canada and India, including 150 FORTUNE 500 companies and 80 of Working Mother magazine's 2017 "100 Best Companies for Working Mothers." Bright Horizons has been recognized 17 times as one of FORTUNE magazine's "100 Best Companies to Work For" and is one of the UK's Best Workplaces as designated by the Great Place to Work® Institute. Bright Horizons is headquartered in Watertown, MA.

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