The 12 Yellow Dot day nurseries have been bought by leading childcare provider, Bright Horizons Family Solutions, whose offer was accepted as a result of the companies’ shared visions and cultures of promoting exceptional and high quality childcare.
The portfolio has a combined operating capacity for 794 children mostly in central Hampshire The addition of Yellow Dot brings Bright Horizons’ total number of nurseries in the UK to more than 320 and more than 1,000 worldwide. The sale was handled by business transfer agents Christie & co.
Founded by Managing Director, Jane Dyke in 1997, Yellow Dot has an excellent reputation and benefits from a locally renowned and very highly regarded brand. The business comprises impressive childcare settings including purpose built nurseries and converted residences, former public houses and commercial properties. Each setting has been purposely designed to provide start of the art facilities and many of the children’s rooms provide direct free flow access to exceptional outdoor children’s play and activity environments.
Christie & Co’s Managing Director – Childcare & Education, Courteney Donaldson commented, “Last autumn, Jane and I discussed the buoyancy of the UK and the scope to achieve a premium price in the event of a professionally executed sale process. Following weeks of preparation, the opportunity to acquire Yellow Dots nurseries was introduced to a carefully selected pool of potential buyers in early December who were invited into the confidential sales process. In early February, we received multiple offers, over the asking price, from a wide variety of trade operators and investors alike, with deliverable offers being presented by both UK based and overseas parties. Due to the amount of pre-transaction works which were undertaken prior to the commencement of the sale, the period from the deal being agreed through completion took a mere seven weeks.”