Within its 2022 report, Redwoods Dowling Kerr’s (RDK) chief executive Paul Miller states, ‘2021 was a year of two halves for the childcare sector. The start of the year was extremely tough for all operators who found themselves gripped at the forefront of a third wave of coronavirus infections.’
However, he says that as ‘the year progressed and the vaccination programme gathered speed, the recovery displayed by the sector was swift with many operators reporting higher than expected occupancy levels during the late spring period.'
According to the report, 2021 was an ‘exceptional year’ for early years mergers and acquisitions, with total transaction values estimated to exceed £500m.
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