Overview
- Edge Early Learning appointed KordaMentha as voluntary administrators, which on Wednesday started an urgent assessment of the company’s finances and options for its future.
- The company and administrators have told families that all centres should continue to operate with no change to opening hours, staffing or care arrangements and that parents should keep attending as normal.
- Administrators will work with management, staff and creditors to consider outcomes including restructure, sale or wind‑up while prioritising the safe day‑to‑day running of centres.
- Edge has grown quickly since opening in Queensland in 2017 and now runs about 70 centres across Queensland, South Australia and the ACT after a 2022 acquisition of 17 SA sites.
- The move follows heightened scrutiny after earlier serious incidents at some centres, and the administration creates uncertainty for families and staff as regulators, potential buyers and creditors assess next steps.