Goldman Sachs Asset Management (BFAM) discloses 5.3% Bright Horizons stake

Rhea-AI Filing Summary

Goldman Sachs Asset Management, L.P. reported beneficial ownership of 2,982,913 shares of Bright Horizons Family Solutions Inc. common stock, representing 5.3% of the class. It has shared voting power over 2,731,420 shares and shared dispositive power over 2,982,913 shares, with no sole voting or dispositive authority.

The firm certifies that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Bright Horizons. Certain Goldman Sachs operating units also expressly disclaim beneficial ownership of securities held for clients and certain investment entities.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

BRIGHT HORIZONS FAMILY SOLUTIONS INC.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

109194100

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 109194100

1

Names of Reporting Persons

Goldman Sachs Asset Management, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,731,420.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,982,913.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,982,913.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BRIGHT HORIZONS FAMILY SOLUTIONS INC.
(b)	Address of issuer's principal executive offices: 2 Wells Avenue, Newton, X1, 02459
Item 2.
(a)	Name of person filing: GOLDMAN SACHS ASSET MANAGEMENT
(b)	Address or principal business office or, if none, residence: Goldman Sachs Asset Management 200 West Street New York, NY 10282
(c)	Citizenship: GOLDMAN SACHS ASSET MANAGEMENT, L.P. - Delaware
(d)	Title of class of securities: Common Stock, par value $0.001 per share
(e)	CUSIP No.: 109194100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: See the response(s)to Item 11 on the attached cover page(s).
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Goldman Sachs Asset Management, L.P.

Signature:	Name: Veronica Mupazviriwo
Name/Title:	Attorney-in-fact
Date:	01/06/2026

Exhibit Information

EXHIBIT (99.1) JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, the undersigned agree to the joint filing of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Common Stock, par value $0.001 per share, of BRIGHT HORIZONS FAMILY SOLUTIONS INC. and further agree to the filing of this agreement as an Exhibit thereto. In addition, each party to this Agreement expressly authorizes each other party to this Agreement to file on its behalf any and all amendments to such Statement on Schedule 13G. Date: 01/06/2026 GOLDMAN SACHS ASSET MANAGEMENT, L.P. By:/s/ Veronica Mupazviriwo ---------------------------------------- Name: Veronica Mupazviriwo Title: Attorney-in-fact EXHIBIT (99.2) ITEM 4 INFORMATION *In accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned by certain operating units (collectively, the "Goldman Sachs Reporting Units") of The Goldman Sachs Group, Inc. and its subsidiaries and affiliates (collectively, "GSG"). This filing does not reflect securities, if any, beneficially owned by any operating units of GSG whose ownership of securities is disaggregated from that of the Goldman Sachs Reporting Units in accordance with the Release. The Goldman Sachs Reporting Units disclaim beneficial ownership of the securities beneficially owned by (i) any client accounts with respect to which the Goldman Sachs Reporting Units or their employees have voting or investment discretion or both, or with respect to which there are limits on their voting or investment authority or both and (ii) certain investment entities of which the Goldman Sachs Reporting Units act as the general partner, managing general partner or other manager, to the extent interests in such entities are held by persons other than the Goldman Sachs Reporting Units.

FAQ

What ownership stake in BFAM did Goldman Sachs Asset Management report?

Goldman Sachs Asset Management reported beneficial ownership of 2,982,913 shares of Bright Horizons Family Solutions Inc. common stock, representing 5.3% of the outstanding class. This level of ownership requires public disclosure under beneficial ownership rules.

How much voting and dispositive power does Goldman Sachs Asset Management have over BFAM shares?

Goldman Sachs Asset Management reported shared voting power over 2,731,420 shares and shared dispositive power over 2,982,913 shares. It reported no sole voting or sole dispositive power, indicating decisions are made jointly with other parties or on clients’ behalf.

Why did Goldman Sachs Asset Management file a Schedule 13G for BFAM?

The firm filed a Schedule 13G because its beneficial ownership in Bright Horizons common stock reached more than 5% of the class. It certified that the position was acquired in the ordinary course of business and not to influence or change control of the company.

Does Goldman Sachs Asset Management seek control of Bright Horizons (BFAM)?

The filing states the securities were not acquired and are not held for the purpose of changing or influencing control of Bright Horizons. They are held in the ordinary course of business, consistent with a passive investment or asset management role.

Who signed the BFAM Schedule 13G on behalf of Goldman Sachs Asset Management?

The Schedule 13G and related joint filing agreement were signed by Veronica Mupazviriwo, acting as attorney-in-fact for Goldman Sachs Asset Management, L.P., on 01/06/2026, certifying the accuracy and completeness of the disclosed ownership information.

What ownership disclaimers did the Goldman Sachs reporting units include regarding BFAM shares?

The Goldman Sachs reporting units disclaim beneficial ownership of securities held in certain client accounts and investment entities. They note that some units of The Goldman Sachs Group, Inc. have disaggregated ownership, and interests held for others may not be treated as their own economic ownership.