Thu, 08 Aug 2024 | BUSINESS SALE
Childcare group Kids Planet has acquired a nursery operator in the Midlands in a deal that takes its total of nurseries across England and Wales to more than 200. The firm has acquired Nottingham-based Hollies Nursery, which operates five sites.
Hollies Nurseries was founded more than 30 years ago with a site in Sherwood. The business has been run by three generations of the same family and now has five nurseries across the region.
Former Hollies Nurseries owners Becky and Drew Pike said that the decision to sell had been “extremely difficult”, but added that Kids Planet was the right owner to take the business forward “as our work ethic and ethos are closely aligned.”
The former owners added: “We recognise the value of having a progressive team with a focus on quality and we found this to be the case in our very first meeting with Kids Planet.”
The acquisition continues the rapid acquisitive growth of Kids Planet, which was founded with two settings in 2008 and has now expanded to become one of the UK’s leading nursery care providers, with 203 sites following the takeover of Hollies Nurseries.
Kids Planet co-founder and Chief Executive Clare Roberts commented: "Hollies' focus on inspiring learning environments is closely aligned with our own approach and we look forward to working with the teams and families moving forward.”
"This acquisition takes Kids Planet over 200 nurseries, a milestone we can be proud of, and a testament to the dedication of our wonderful colleagues, who have grown and developed alongside the business over the past 16 years.”
"Our core values have remained consistent and embedded in our day-to-day work, and I would like to say a huge well done and thank you to everyone who has been on this journey. I look forward to the exciting future ahead for Kids Planet."
Find out more about dealmaking in the UK nursery and childcare sector
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