Kindred Nurseries acquires Essex nursery group

Kindred Nurseries has acquired ABC Rainbow Day Nursery Ltd in Westcliff-on-Sea and Rayleigh, Essex.

ABC Rainbow Day Nursery Ltd was founded by Myra Argentieri in 1984 when she opened her first setting at Rayleigh, Essex.  As the success of this nursery continued, so did demand for the quality of childcare services in the surrounding areas. In order to accommodate this demand, Mayra opened a second nursery in Westcliff-on-Sea in 1990.

With a combined capacity of 125, the nursery settings provide childcare for 0 to 5-year-olds. Both settings hold “Good” Ofsted grades.

Due to the vendors’ desire to retire, Myra began the journey of sourcing a buyer. Kindred Nurseries initiated first contact with Myra and it quickly became apparent there was a shared vision of giving children the very best start in life and a passion for helping staff to thrive.  The opportunity for Kindred Nurseries to further expand into the Essex area and the high standards of childcare provided by the ABC Rainbow group was what ultimately influenced the acquisition.

Prior to this most recent acquisition, Kindred had 21 settings across London, the South East and South West of the UK. Established in 2015, Kindred have a dedicated central team consisting of experienced childcare experts. With backgrounds in nursery operations, finance, technology and education, Kindred have ambitious plans for expansion. The acquisition of the ABC Rainbow Day Nursery Ltd group of 2 settings expands Kindred’s footprint in Essex, with an excellent match of pedagogy and high expectations of quality, which underpin the Kindred brand and ethos.

Ruth Pimentel, chief exec of Kindred Nurseries commented:

“This fabulous group of nurseries will bring our group to 23 settings, and we know they will be a great match for the rest of our family. Myra’s passion was evident, and she was keen to know that the settings would continue to be looked after and further developed. We are excited to start a new phase, with ABC Rainbow Day Nursery Ltd being a key part of that development.”

Myra Argentieri added:

“The Rayleigh and Westcliff-on-Sea nurseries have been a huge part of mine and my family’s life for the past 38 years. Over the years, the passion and commitment of not only ourselves, but also our excellent team, has driven the success of our nurseries. Kindred are an established group of nurseries and pre-schools who we believe share similar beliefs and ethos to our own. They are a small company who are eager to expand, which is perfect for the continued evolution and investment of the ABC Rainbow settings into the future. I am eternally grateful and very happy that we are leaving both nurseries in the very capable hands of our amazing teams and such lovely new owners.”

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