Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the jetpack domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/thenvskv/public_html/wp-includes/functions.php on line 6131
Alexandria and Dumbarton Carousel Nurseries sold to Tots R Us - UK Daily: Tech, Science, Business & Lifestyle News Updates


The nurseries, registered for more than 140 children combined, have been acquired by existing operators Tots R Us Nurseries.

They already run two other sites in West Dunbartonshire.

Isabel Burns, director at Tots R Us Nurseries, said: “We are delighted to announce that Carousel Nurseries have officially joined the Tots R Us family.

“This marks an exciting step for our family-run business, and we look forward to the journey ahead.

“Our immediate focus will be on enhancing the learning environment across both settings, including the introduction of new resources and investment in outdoor spaces.

“While maintaining the warm and nurturing atmosphere already in place, our aim is to provide even greater opportunities for children to learn, grow, and thrive.

“We look forward to working closely with the children, parents, and the fantastic teams at both nurseries, and are excited to get started.”

Image of the nursery in Alexandria (Image: Supplied)

Both nurseries have a track record of good and very good grades from the Care Inspectorate.

They were sold as part of the previous owner’s decision to re-focus her portfolio.

The nurseries were previously acquired in 2018 through Christie & Co.

The latest transaction followed a confidential sales process with Callum Lancaster from Christie & Co, with funding sourced through Stephen McConalogue from Christie Finance.

Mr Lancaster, senior business agent for childcare and education at Christie & Co, said: “I’m absolutely delighted to have supported Angela in the successful sale of Carousel Nurseries, having originally acquired both settings through Christie & Co in 2018.

“It’s great to see the nurseries acquired by Isabel and Piotr at Tots R Us Nursery Ltd, who already operate locally in Dumbarton and Clydebank.

“I met with them in Glasgow prior to the nurseries coming to market, and they were very keen on Carousel should the opportunity arise.

“With Isabel’s wealth of experience in the childcare sector, I’ve no doubt the nurseries will continue to perform well and grow under their ownership.”

Image of the nursery in Dumbarton (Image: Supplied)

Mr McConalogue, associate director at Christie Finance, said: “I’m pleased to have supported my clients with the funding package for another transaction within the children’s day nursery sector.

“The nursery sector continues to have its challenges; however, the market for new entrants or indeed experienced operators is strong, with funding readily available for the right applicant.”

The sale price of the two nursery sites has not been disclosed.





Source link

Share.
Leave A Reply

Exit mobile version