Report: Bids Are In for Acorn Care and Education

Hg Capital and Ontario Teachers Pension Plan were scheduled to submit final bids on Monday for Acorn Care and Education, a UK-based provider of foster care services and schools for children with learning disabilities, according to the FT. The offers were expected to be worth approximately £150 million. The seller is Phoenix Equity Partners, which is being advised by Rothschild. www.acorncare.co.uk