Deal sees new owner for Bucks group of nurs­eries

Buckinghamshire Advertiser - - NEWS -

A GROUP of two Buck­ing­hamshire based nurs­eries has been sold to a com­pany which has been in op­er­a­tion for less than 12 months.

Child­care4U, which has premises in Bea­cons­field and Mar­low, was bought by ICP Nurs­eries on Fe­bru­ary 1 af­ter a process which started in Septem­ber.

ICP Nurs­eries al­ready has a num­ber of nurs­eries across London and the South East in a rapidly ex­pand­ing port­fo­lio and this trend looks to con­tinue into 2017 with fur­ther ac­qui­si­tions in the pipe­line.

CEO Tracey Storey, 52, spoke of her ex­cite­ment at the pur­chase, say­ing the two Child­care4U nurs­eries are ex­cel­lent and of­fer ex­actly what her com­pany is look­ing for.

She said: “They are out­stand­ing nurs­eries of­fer­ing great ser­vices in their lo­cal com­mu­ni­ties.

“I’m very ex­cited at get­ting to know all of the staff chil­dren, par­ents and see what im­prove­ments, if any, we can make.”

The nurs­eries, found in the town cen­tres, have a com­bined ef­fec­tive op­er­at­ing ca­pac­ity for 140 chil­dren.

They have been op­er­ated by the cur­rent own­ers since open­ing in 2003 and Tracey, who has 20 years of ex­pe­ri­ence in the sec­tor, said their ethos matched her aims of en­sur­ing chil­dren are given the best pos­si­ble start.

With 10 years liv­ing and work­ing in London, Tracey said she is ready to an­swer ques­tions and is look­ing for feed­back.

She said: “ICP Nurs­eries is build­ing a pre­mium nurs­ery group in London and the South East.

“We are very ex­cited to bring Child­care4u, with two ex­cel­lent nurs­eries with strong fo­cus on out­stand­ing child­care, into the fold.

“So­phie Willcox and the team at Christie and Co were ex­tremely sup­port­ive and help­ful through­out the trans­ac­tion en­sur­ing a quick and seam­less process.”

The sale was bro­kered by Christie and Co, a spe­cial­ist prop­erty ad­vi­sor.

Busi­ness agent So­phie Willcox said: “The Child­care4u nurs­eries were of ex­cel­lent qual­ity and a per­fect fit for ICP Nurs­eries. The ven­dor con­tacted Christie and Co af­ter be­ing ap­proached by an­other op­er­a­tor to see if they would sell, we then in­tro­duced ICP Nurs­eries to the process and the deal was suc­cess­fully com­pleted in a short time scale.”

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