A group of three childcare settings in Stirling, Scotland, comprised of Lecropt Nursery, Old Doune Road Nursery and Bridge of Allan Out of School Care, has been sold to Fourwinds Group Ltd in a deal facilitated by Redwoods Dowling Kerr.
Established over 20 years ago, Lecropt Nursery and Old Doune Road Nursery work in partnership with Stirling Council to provide care for children aged three months to five years. With a combined capacity for 88 children, both nurseries provide excellent standards of childcare in the Stirling area. Aiming to offer children a home-from-home environment, the nurseries have well-established reputations within their local communities.
Bridge of Allan Out of School Care, adjoined to Bridge of Allan Primary School, operates a breakfast club and after school club during term time. Providing care to 30 children aged four to twelve, the small and friendly club opened in 2006 to support local families. Offering daily access to the outdoors, the club promotes independent learning and works closely with both nurseries.
Following our client’s change of career, the Scottish nursery group marked the first acquisition for first-time buyers, Fourwinds Group Ltd. New to the sector, the buyers have a background in social care and intend to continue to build their business into an established name in the childcare industry.
The Fourwinds Group commented on the sale:
“From the beginning to completion, RDK have been informative and supportive, especially for us as first-time buyers! Although the journey of acquiring the group was lengthy, now at completion we feel excited about our journey ahead. We knew we absolutely made the right choice and are looking forward to the future prospects for Fourwinds Group Ltd.”
Specialist Childcare Sales Negotiator, Sarah Ellison, extended her best wishes:
“Although the sale took longer than anticipated, both sides were confident that this was the right sale and purchase for them and due to their persistence, the sale had a successful completion. I would like to wish all the best to our client Lorna with her future career plans, and to the Fourwinds Group with their first acquisition in the childcare sector. We are confident that the nurseries will continue to be successful for many years to come.”
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