Reputable portfolio of day nurseries sold to Family First Nurseries
Specialist business property adviser, Christie & Co, is delighted to announce the sale of Poppies Day Nurseries, a group of six reputable nurseries located across Berkshire and Buckinghamshire.
Poppies Day Nurseries is a well-established, profitable nursery group which is renowned for providing high-quality childcare for up to 395 children across six exceptional settings, all situated in high profile locations across Berkshire and Buckinghamshire.
The group was founded by friends Ms Anne Fox and Ms Linda Hill in 2006, who met whilst working at a previous nursery together. Over the past 15 years, the pair have grown the business into one of the area’s leading childcare providers by playing on both of their strengths, with Anne previously working as an Ofsted inspector and Linda focusing more on the operational side of the business.
Poppies Day Nurseries has been purchased by national operator, Family First Nurseries, taking its portfolio to a total of 17 nurseries. CEO, Mr Andy Morris, comments, “It was a pleasure dealing with Anne and Linda throughout the process and we are very proud to be able to continue the Poppies journey for the children and staff.”
Sophie Willcox, Director at Christie & Co, who handed the sale, comments, “I have known Anne and Linda for over six years, since I first started working at Christie & Co, and I’m delighted to have worked with them on the sale of their group, finding the right buyer to carry on their legacy. They have both been a genuine pleasure to work for and I wish them all the best for the future.
“We received an unprecedented level of interest in Poppies amidst the COVID-19 pandemic, which points to the resilience of the childcare sector, and it was great to see Family First Nurseries selected as the successful purchaser. I am confident they will continue to build on Anne and Linda’s hard work to help the sites grow even further. I wish the group the best of luck with the nurseries and look forward to working with them on future acquisitions.
“I would also like to thank Julie Hughes and her team at Cripps Solicitors for their integral role in getting this to completion. As always it is a pleasure to work with such a knowledgeable and efficient team.”
Poppies Day Nurseries were 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:
Sophie Willcox, Director – Child Centric Sectors
P: 07736 620 855 or E: sophie.willcox@christie.com
