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Northamptonshire Nursery Group sold
Specialist nursery consultants Coulter Consulting are pleased to announce the sale of Bambino Ltd ; The company operates three Ofsted Outstanding nurseries in Northamptonshire. The settings have a combined operating capacity of just under 160 places. The nurseries, which are in Wellingborough, Little Houghton and Harpole offer high standards of childcare made possible by an excellent team and successful management infrastructure.
Coulter Consulting were engaged to find a suitable buyer and did exactly this last year. What nobody anticipated was the complication of a worldwide pandemic mid-sale. The buyers delayed the transaction, which was not a surprise given the circumstances, but went on to complete the transaction late January this year.
Andrew Coulter commented:
‘The timing, in relation to lock downs was far from ideal but what this confirms is the incredible strength of the nursery market. It was a pleasure working with all parties and I believe both sides are incredibly happy with the outcome. The company was sold on a leasehold basis for an undisclosed sum.’
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