Hawke's Bay-based in-home childcare provider Porse is on the shopping list of an Australian company buying up New Zealand early-childhood businesses.
Evolve Education Group is expected to register a New Zealand Stock Exchange share-offer prospectus tomorrow to fund the acquisition of Lollipops Educare, Porse and other New Zealand early childhood education businesses.
Porse is the country's largest provider of in-home childcare, education and training and was founded 20 years ago by Jenny Yule.
The sale would not affect its core values, she said.
"The Porse philosophy, culture and values that have grown over the past 20 years will continue to be nurtured and protected.