Nursery World - Nursery acquisitions down for the year as providers struggle with financial challenges

While there has been an increase in acquisitions by regional nursery groups, the number of nursery sales are down overall compared to last year, as settings 'close their doors', finds research by Christie & Co.

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The business property adviser has reported ‘positive movement’ in the acquisition activity of small regional group providers in its mid-year market insight report.

Comparing the first half of 2024 with the first half of 2023, the organisation has seen a 9 per cent increase in acquisitions by group operators and a reduction in acquisitions by single settings, small groups and first-time buyers.

Buyers are also opting to acquire nurseries that are larger in size, it finds.

Nursery closures

However, overall nursery acquisitions are down by 20 per cent on last year, according to Christie & Co's managing director of childcare and education, Courteney Donaldson.

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