Nursery World - Nursery group seals £27m funding deal with Barclays

Treetops Nurseries has secured a multi-million pound investment from Barclays bank to fund expansion and acquisitions over the next four years.

The group has been in partnership with Barclays since 2012 and has used the bank's funding to almost double in size – growing from 31 settings to 59 today.

Treetops most recent acquisition was the Kindercare group of nurseries, a family-run business across ten sites based in Yorkshire.

This has propelled the group into the top five largest nursery chains in the UK, with more than 4,000 childcare places.

Clare Wilson, group finance director of Treetops, said, ‘Barclays Bank were instrumental in our previous concerted acquisition phase, almost doubling the portfolio from 31 to 59 sites in just four short years.

‘Our plans for the next 12 months are two-fold. Treetops Nurseries will continue to be highly acquisitive and seek out relevant opportunities for exploration and potential purchase.

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