does 2014 look like? Karen Faux talks to the experts to find out.
In 2013, acquisitions were driven by corporate groups and 'cash-rich, experienced' buyers, according to property sales expert Christie + Co. It was a year that saw a number of major sales of nursery chains, the most notable of which were the acquisition of Busy Bees by Ontario Teachers' Pension Plan, and Bright Horizons' purchase of kidsunlimited.
So far this year, the biggest deal to hit the headlines is Busy Bees' purchase of Kinder Nurseries, a group of 12 nurseries and nine out-of-school clubs in Kent and London offering more than 1,300 places (see page 34).
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