London-based N Family Club has bought nursery group Red Balloon which operates Ofsted outstanding settings in Cobham, Ockham and Weybridge. Together the three nurseries provide 186 childcare places.
The acquisition of Red Balloon, which was founded in 2004 by Abby Auty and Caroline Ganjou, follows the opening of a new setting in Stratford this month and two nurseries in Stoke Newington and Twickenham by N Family Club in December.
N Family Club will continue to grow this year with the opening of an extra 10 nurseries. The group’s plan is to focus its expansion across London and the Home Counties, targeting high-quality existing independent settings and small groups.
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