Renowned Cambridgeshire nursery group sold to Kindred Nurseries
Specialist business property adviser, Christie & Co, has announced the sale of the renowned HRH Nurseries group in Cambridgeshire.
Established in 1991 by Director, Mrs Glenda Perrott, HRH Nurseries comprises three high profile childcare settings with an effective operating capacity for 320 children. Boasting a reputation for providing the highest levels of childcare, the group has grown to be one of the premium childcare providers in the area, and proudly owns the first privately run nursery in Cambridgeshire to get an 'Outstanding' Ofsted rating.
The group was brought to market to allow Mrs Perrott to pursue a well-earned retirement and has been purchased by Kindred Nurseries, a family of day nurseries and pre-schools, founded on over 25 years’ experience in caring for babies and children from three months to five years old.
Speaking on behalf of the company, CEO, Ms Ruth Pimentel, comments, “We are thrilled to welcome HRH nurseries into the Kindred family and to extend our reach into Cambridgeshire. We have got to know Glen and her family well as we worked through this process. She wanted to be confident that the staff, the families, and the children would be well looked after, and we gave her our assurance that they would be a valued part of our group. We are very much looking forward to getting to know them and would like to thank everyone who has been involved in making this sale happen.”
Nick Brown, Head of Brokerage at Christie & Co, who handled the sale, comments, “It has been a pleasure working with Glen, her husband David and their daughter Charlotte on this sale. When meeting Glen for the first time, it was clear that she cares passionately about the children and nursery staff at her settings, but the time was right for Glen and her family to take a step back after all these years in the sector and I am delighted to have been able to help them achieve a successful retirement sale.
“Kindred will undoubtedly build on what Glen has achieved over the years and I’m sure we’ll see this group continue to thrive and expand.”
HRH Nurseries group was sold at an undisclosed price.
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Executive
P: 020 7448 8849 or E: phoebe.burrows@christie.com
Contact the agent:
Nick Brown, Director & Head of Brokerage – Child Centric Sectors
P: 07764 241 316 or E: nick.brown@christie.com