Nursery groups growing through investment and acquisition

Nursery group Kids Planet has received an extra £6.5m investment from BGF to support further expansion.

Since BGF’s initial investment in the group in 2016, Kids Planet has expanded to 38 sites across the north of England and Midlands. BGF has now invested a total of £23m into the group. 

In the 2018-19 financial year, Kids Planet, which currently provides places for 5,000 children and holds 20 Ofsted Outstanding ratings, reported £21m in sales.

The group is also opening a new purpose-built nursery in Worsley this summer.

Chief executive Clare Roberts said, ‘Our goal is to provide outstanding early years education to as many children as possible across the North. With BGF’s backing, we’ve been able to accelerate the roll-out of our business while remaining focused on providing an exceptional care and facilities.’

Pinesh Mehta, an investor at BGF, added, ‘Kids Planet has performed consistently well as a business because of the high standards the team holds. Since embarking on this journey with Clare and John, Kids Planet has gone from strength-to-strength and it’s fantastic to be providing further funding for the next phase of expansion.’

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