The Maggie & Rose settings in Chiswick, Islington, and Kensington have a combined capacity of over 180 children.
With the deal, Grandir UK now has 59 nurseries.
The first Maggie & Rose nursery opened in 2006.
Former director of the nurseries, Wei Kwan, who will continue to operate Maggie & Rose family members’ club, said, ‘We are delighted to welcome Grandir UK to the Maggie & Rose family and excited for the opportunities this will create for the nursery teams in Kensington, Chiswick and Islington as well as Maggie & Rose UK as a whole.’
The deal was overseen by mergers and acquisitions advisors Novistra Capital, with legal representation from BDB Pitmans, Wiggin, and GLP.
Vipul Bhargava, partner at Novistra Capital, commented, ‘We are delighted to have advised Maggie & Rose on the sale of its nursery business to Grandir UK. Maggie & Rose have built an enviable global brand over the last 15 years. It has been a pleasure working with Maggie & Rose and the team at Grandir UK and we wish them all the very best for the future.’
