Latest nursery deals - Just Childcare and Toad hall continue to expand
Katy Morton
Thursday, July 27, 2023
Just Childcare has acquired its 64th site, while Toad Hall nursery group has announced it will be opening a new setting in Wellingborough, Northamptonshire in September.
Just Childcare has bought Little Darlings Day Nursery, an Ofsted outstanding setting in Stockport.
With the deal, the nursery group now owns 64 settings.
Toni Kilby, M&A director (UK) at Just Childcare, said, ‘We are delighted to welcome another outstanding nursery to our group. We are very much looking forward to working closely with the existing nursery team, providing the support they need to continue their great work and success and to enhance the experience for the children and families in their care.”
Sofia Beck, director – childcare & education at Christie & Co, who handled the sale, added, ‘I’m reassured that the current experienced staff team and Just Childcare will continue the former owner’s outstanding ethos and become excellent tenants for her. I wish Anne all the best for the future and her next chapter.
‘When considering exiting, the new lease option has become a popular choice with nursery operators recently. This is where the original owner sells the business (goodwill) but keeps ownership of the property, creating a lease for the new provider and generating a reliable rental income.’
Toad Hall
Toad Hall nursery group is to open a setting within a new housing development in Wellingborough, Northamptonshire in September.
The 100-place site will be the 12th nursery for the group, which was established 30 years ago.
Gail Tanner and Claire French, co-managing directors of Toad Hall nursery, said, ‘We believe that Toad Hall Nursery will be a valued asset to residents of Glenvale Park and the surrounding community.’
