Disposal of Whitton Day Nursery to Kindred Nurseries
HMT advised the shareholder of Whitton Day Nursery on his disposal to Kindred Nurseries, an award-winning family of Ofsted Outstanding and Good day nurseries and pre-schools.
WDN was created over 20 years ago and has been family run and owned since inception, providing outstanding care, education and support to local children and parents. WDN’s approach to childcare is a holistic one, whilst much of their educational focus is on heuristic play, with the use of natural materials and resources, constant access to the outdoor environment in all weathers and children’s current interests taking priority in the planning of activities and experiences.
Kindred is a family of day nurseries and pre-schools, founded on over 25 years’ experience in caring for babies and children, who have recently come together to build something even better and brighter to support little ones to thrive in their early years. The group encompasses over 40 nurseries in London, the Midlands, the East of England and the South of England.
HMT acted as lead advisors on the transaction which included running a competitive auction process, negotiating key commercial terms of the sale documents, supporting the business through an extensive due diligence process and project managing the deal to a successful completion.
Stefan Baran of Whitton Day Nursery commented:
“Ricky and the team at HMT were excellent to work with. Not only were the more complex aspects of the deal thoroughly and clearly explained, they were also able to successfully tackle and negotiate some seemingly insurmountable challenges whilst also managing any moments of frustration on both the sell and buy side. The professionalism and experience demonstrated throughout the process has definitely helped bring the process to a timely completion”
Ricky Lane, Director at HMT commented:
“We are delighted to have advised Stefan on the disposal of the family business to Kindred. Whitton Day and Kindred share the same values and commitment to children development and education and we are delighted to have identified them as the perfect home for Whitton Day. Under Kindred’s guidance the business will go from strength to strength protecting the legacy Stefan and his family have built over the past 20 years.”
Why HMT
Latest News