PlayPlus Kindergarten sold to a corporate operator

PlayPlus Kindergarten was sold to a corporate operator in a deal facilitated by Redwoods Dowling Kerr

The nursery is a friendly, family-owned business that is situated in Hertfordshire and is within easy reach of Hemel Hempstead and Berkhamsted. It offers year-round and term time care for children aged between 3 months and 5 years of age.

The buyer was attracted to PlayPlus Kindergarten because of the location and knowledgeable workforce. The buyer confirmed: “We’re delighted to have acquired Playplus and excited to be involved in developing the nursery. Hemel Hempstead and Berkhamsted are really nice towns, we think that Playplus will be a lovely fit with our Group. We’ve really enjoyed meeting the team and can’t wait to learn more about the nursery from them – and we’re confident that with our investment and their ideas we can build on what’s already been achieved to create a wonderful setting”.  

Childcare broker Natasha Satterthwaite stated: “It was a nice surprise to receive the phone call from Jason to say he was ready to sell his other nursery and wanted me to look after it again. The business struggled as most in lock down, so it was important to find the right buyer who would still be happy to pay the right money for the business. Our eventual buyers have known the business for years and know how successful it can be. I’m pleased to have assisted Jason with the sale of his second nursery and only wish he had more to sell! I’d like to wish our buyers the very best of luck with their acquisitions and also look forward to working with them again in the future!”

Are you thinking of selling your business?

If you are considering selling a business and have any questions about what you may need to consider, then one of our experienced sales negotiators are always here to chat through any important points you may want to discuss:

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