Edgbaston Nursery School is Acquired by Storal Learning Limited
17th March 2020
Edgbaston Nursery School was established by Mr Steve and Mrs Carole Lee when they recognised a high demand for childcare within the locality. The nursery operates from a substantial and imposing property in Birmingham, which has been carefully converted providing superbly appointed nursery accommodation with well-presented rooms, creating a warm and stimulating environment.
The nursery has a capacity for 94 children and provides care for children between the ages of 0 to 5 years of age. The nursery has an excellent reputation in the area, earning a ‘Good’ rating upon its most recent Ofsted. Families from both the local area and also neighbouring towns frequent the nursery, drawn to the childcare setting by its excellent reputation.
Steve and Carole decided that they had achieved all that they wished to with this nursery, and they decided that now was the right time to retire. Their ownership of the setting had transformed it into a sector leading nursery school in the area, and their efforts had resulted in the nursery becoming a highly lucrative business to acquire.
Commissioning Redwoods Dowling Kerr to handle the sale of their nursery setting, it was acquired by Storal Learning Limited, an experienced and expanding nursery group, establishing the 20th nursery in their portfolio. As a returning client to Redwoods Dowling Kerr, this was their 7th nursery that they acquired through the brokerage.
Varun Chanrai, Managing Director at Storal Learning Limited commented;
“Thank you to Sarah Ellison and the whole Redwoods Dowling Kerr team again for introducing us to another great nursery. They were instrumental and very helpful throughout the deal process.
We are absolutely committed to building upon the years of work put in by the Steve & Carole Lee and we would like to extend a big thank you to Carole, Steve and all the nursery staff once again for all their hard work we are absolutely delighted to incorporate Edgbaston into our group.”
Lead Negotiator Sarah Ellison commented;
“It has been a pleasure working with Storal Learning again to help them secure their 20th Nursery purchase. Edgbaston came on the market to allow the sellers to retire from the childcare sector and to move into another business interest, we had an offer and a sale agreed within 4 weeks of marketing and we are very pleased for Carole and Steve to achieve a successful completion and wish them all the best in the future.”