Granby Nurseries Ltd located in South Yorkshire sold to an existing group operator in a deal facilitated by Redwoods Dowling Kerr.
Established in 1994, Granby Nurseries Ltd, a group of three premium day nurseries located in a convenient and accessible trading position, has a combined capacity of 189 children from birth to five years of age.
The nurseries enjoy an excellent reputation garnered over years of delivering quality childcare, with two having received an ‘Outstanding’ rating and one a ‘Good’ rating in the latest Ofsted reports.
The buyer is an experienced and very well established group operator and was attracted to the settings based on how well each of the settings were run.
Our client’s comments on the RDK sales process were: “Would recommend RDK as they have a list of interested buyers and it has meant we have been able to sell without going to the open market and so have maintained confidentiality throughout the sale, ensuring our business hasn’t had any ill effects during the process. Kim, our sales negotiator was super, easy to chat to and always keeping up with what was happening.”
Childcare Broker Kim Emsley stated: “When Granby came to market, seeing the quality of each of the three settings, it was clear the interest we would receive from our initial launch would be positive. The vendors have put a lot of time, care and attention into the group and have nurtured the business to where it is today. It was not a decision taken lightly by the vendors to sell; however it was extremely important for us to find a buyer who not only understood this, but would be able to utilise their own sector experience and drive the business forward.
I am really pleased that we have managed to find a buyer who is able to do just this. Our clients were really pleased. I wish our clients and the buyer the very best of luck moving forward. It has been a pleasure to work with both parties on this acquisition.”I am really pleased that we have managed to find a buyer who is able to do just this. Our clients were really pleased. I wish our clients and the buyer the very best of luck moving forward. It has been a pleasure to work with both parties on this acquisition.”
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