Prime South West London day nursery group sold for the first time
Specialist business property adviser, Christie & Co, has announced the sale of Katey’s Nursery & Pre-School, a super prime group of five childcare settings in South West London.
Originally set up in 2010, the group has gone from strength to strength and now provides the highest level of childcare to over 273 children across five settings that are located in Kingston, Ham, Hampton Court, Teddington, and Brentford.
Following a confidential sales process with Nick Brown and Sophie Willcox at Christie & Co, the group has been purchased by Chalk Nursery Group which is backed by Downing LLP. Katey’s will act as the cornerstone investment of Chalk Nursery Group, with a vision to provide a high-quality, caring, family-orientated environment, whilst focusing on delivering the best outcomes for every child.
Sinead Johnson, CEO of Chalk Nursery Group, comments, “I am proud to have joined Chalk Nursery Group, and to have made our first acquisition. Katey’s Nursery and Preschool embodies our vision of high-quality care and education, delivering the very best outcomes for children. It’s a privilege to have this excellent group of nurseries as the cornerstone of our business. The early years sector is well placed to thrive with the continuing cross-party support and recognition of its educational and social benefits for children. I’m excited to be working with Downing to provide additional nursery places for more children as we grow the group.”
Jon Simon, Investment Director, Downing LLP, comments, “We are delighted to be working with Sinead and proud to be building a business where we are supporting children in their formative years. Downing has a longstanding and successful track record of backing high calibre management teams to create and grow leading platforms across healthcare and education.”
Nick Brown Director & Head of Brokerage – Childcare & Education at Christie & Co comments, “It has been a pleasure advising on the sale Katey’s Nursery & Pre-School and to work with the Directors, helping them sell something very special to them.”
Katey’s Nursery & Pre-School was sold for an undisclosed price.