It won in the Company Excellence category at the Deals and Dealmakers Awards 2002, which were organised by the business publication Scottish Business Insider. The awards have been created to recognise and reward corporate finance expertise and its contribution to the Scottish economy.
Careshare acquired the nurseries in Dundee, Glasgow and Edinburgh from Leapfrog Day Nurseries. The nurseries are located in Next Generation Clubs, a leading provider of health and leisure facilities. The company said it recognised 'the fitness club environment as a growth area'.
Jim Faulds, non-executive director of the company, said, 'We are obviously very delighted to have won this award. The acquisition of these three nurseries gave us the opportunity to develop a niche for nurseries within the leisure sector and has helped us to improve our company performance.'
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