Mon, 17 Oct 2022 | BUSINESS SALE
Kids Planet, the UK’s third largest nursery group, has acquired a family-owned business based in the Merseyside area. The acquisition of Waverton Day Nurseries, which operates four settings, takes Kids Planets’ total number of nurseries to 132.
Waverton Day Nurseries was founded in 2013 by mother and daughter Tracey Jenkins and Cheryl Taylor. The firm’s first setting was the Waverton House Day Nursery in Wavertree, Liverpool, before it subsequently expanded into Whiston (Waverton Cottage Day Nursery), Kirkby (Waverton Kirkby Day Nursery) and Knowsley (Waverton on Safari Day Nursery, which is on the grounds of Knowsley Safari Park).
The four nurseries are highly rated, with one rated as Outstanding by Ofsted and the other three rated as Good. The nurseries offer a total of 342 childcare places.
Kids Planet CEO Clare Roberts commented: “We are delighted to welcome the four well-established Waverton nurseries into the Kids Planet group, developing an even stronger support network within Liverpool, alongside our existing high quality nurseries in the area.”
“The acquisition comes after we saw many synergies with the Waverton nurseries, in our joint values and in keeping children’s best interests at the heart of all that we do, and we look forward to supporting the following nursery settings and teams as they integrate into our family group.”
The sale process was handled by Redwoods Dowling Kerr, alongside the educational legal team at Setfords. The Setfords team was led by Helen Wong, who commented that the UK nursery sector had seen “unprecedented” deal activity in the wake of the COVID-19 pandemic.
Wong added that she expected the rate of dealmaking to increase further, as more owners put their businesses up for sale as a result of “economic uncertainty, spiralling utility costs, staff shortages and the nervousness of a recession on the horizon.”
Read more about M&A in the UK nursery sector.
Find businesses for sale here.
If you are looking for an exit, we can help!.
Provides an interface between European customers and UK distribution partners. Bespoke customs clearance system Operates groupage service to and from Germany, Netherlands and Belgium.
LEASEHOLD
Designs and installs a wide range of bespoke products, including indoor and outdoor kitchens, bathrooms, bedrooms, furniture, entertainment centres and bars. Caters to 10 active commercial clients. Client base includes several well-known organisation...
FREEHOLD
This is an exciting opportunity to acquire this thriving children’s play centre offering circa 13,000 sq ft of space over two floors. The business is run by our client with a full team of competent staff assisting and a new owner could potentially ma...
LEASEHOLD
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.