North East Group Sold via RDK
7th December 2018
A satisfied client is enjoying her latest business venture after acquiring two children’s day nurseries in the North East, in a deal brokered by Redwoods Dowling Kerr.
The first setting is York House Day Nursery which is registered for 60 children and occupies a convenient and accessible position in the popular market town of Bishop Auckland in County Durham.
The second setting is Green Tree Day Nursery which is registered for 50 children and is situated in Old Benwell Village, a quiet yet accessible residential district of Newcastle-upon-Tyne.
Both nurseries enjoy excellent reputations for the quality of childcare provided and are rated as ‘Good’ and ‘Outstanding’ by Ofsted.
The sale marks the second time Mrs Jennifer Romcke has worked with Redwoods Dowling Kerr, having previously acquired Daisy Chain in Hull through them in August.
The vendor, Mr David Hirst, is now looking forward to retirement.
Commenting on the service provided by Redwoods Dowling Kerr, Mrs Jennifer Romcke said:
“I wish to say a huge thank you to Sarah Ellison and the Childcare team at Redwoods Dowling Kerr for their assistance in the purchase of my fifth and sixth nursery.
“Sarah was instrumental in bridging the gap between the seller & buyer requirements and mindful and respectful in doing so.
“I opted to use a solicitor recommended by them and they were also of great assistance in my purchase. The solicitor and their team communicated extremely well and were very proactive in getting this deal done.
“Having had experiences with an alternative agent I would highly recommend Redwoods Dowling Kerr and I look forward to working with them again in the future.”
Senior sales negotiator Sarah Ellison said:
“We would like to wish Mrs Jennifer Romcke all the best with her new settings and look forward to working with her again in the future to expand her strong portfolio of childcare settings.”
If you are thinking of exiting and wish to discuss your opportunity with Redwoods Dowling Kerr, please contact Jenna Caldwell, Head of Childcare on:
T: 01772 775763