Future of day care nursery secured after sale
A children’s day care nursery has been sold after its future was thrown into doubt because of the Covid-19 crisis.
Formerly known as Kiddiewinks, the newly-renamed Beeches Park Children’s Day Nursery provides childcare and education for babies aged 0 – 12 months and children aged 1 to 12 years. Based in Burton-on-Trent, the nursery opened its doors in 2012 and was rated ‘good’ in Ofsted’s most recent report. It has capacity for almost 70 childcare places and employs 14 staff.
A team from Smith Cooper conducted an accelerated M&A sales processes to market the nursery.
The nursery was sold to Abby and Marcus Litting, owners of The Old Forge Children’s Day Nursery, based in Findern, South Derbyshire.
Abby Litting said: “The transaction has been smooth and quick, and we have been impressed by the professionalism of everyone involved. We look forward to what the future holds at Beeches Park Children’s Day Nursery, and will continue to provide a safe, fun and homely environment to ensure the very best start for the children who join us.”
Dean Nelson, partner at Smith Cooper, said: “We’re delighted to have secured a prompt sale for value – Abby and Marcus are both well experienced in their respective field, and I’ve no doubt the nursery will continue to flourish under their ownership and continue to provide vital day care services for children across the region.”