Nursery group expands operations with new acquisition

A childcare business has expanded its operation with the purchase of a children’s nursery following a new funding deal.

Mishi Nurseries, which is owned by husband and wife team Raj and Jyoti Jaspal, has acquired the former Co-op nursery in Kidderminster. The facility offers places for 110 children.

Director Raj Jaspal said: “When the opportunity arose to purchase this nursery we jumped at the chance as it benefitted from a good reputation in the area. We were looking to expand our own business and this seemed like a natural fit with our own facilities and ethos of the business.

“We have already had a great response and with the new Government funding available for 30 hours of free childcare, we expect the demand to grow.”

The couple own two additional nurseries – ‘Little Folks’ in Kingstanding and Erdington – where they provide childcare facilities for 120 children up to the age of five.

In addition, they provide before and after school clubs on school premises in Lapworth, Solihull, Erdington and Pype Hayes.  The business employs 28 members of staff and will be recruiting more staff for the new facility in the coming months.

Funding for the new nursery was provided by Barclays.

Manoj Patel, Relationship Director at Barclays, said: “Raj and Jyoti have worked hard to build a good reputation in the sector. They have plans to expand the business further and have a number of innovative ideas on how to move the business forward. I am delighted we have been able to support them with their latest expansion.”