The financially troubled Croft School has potential buyer to avoid permanent closure

Parents of The Croft School’s South End and Jamaica Plain campuses are encouraged that the school will remain open through the end of the year, and that there is now a potential buyer after weeks of financial uncertainty.

The private, for-profit early childhood and elementary school with the two Boston campuses in Boston and one in Providence, Rhode Island, was on the verge of closure after parents learned on March 17 that the school was $13 million in debt.

Now, a potential buyer has come forward to purchase the Boston campus locations and is considered the lead bidder in a court-supervised sale…

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