Our Kent Corporate Finance team has overseen the sale of leading nursery group, ‘The House Nurseries’, to ‘ICP Nurseries’, a newly-formed nursery company.
The transaction was led from the national audit, tax and advisory firm’s Maidstone office by partner Geert Struyven and assistant manager Alexandra Howard. Additional sale-side tax structuring advice was also provided by Tax Partner, Simon Warne, to the vendor to help complete the deal.
The House Nurseries, comprising Northcote House Nurseries in Battersea and Little House, Wimbledon, are located in South-West London. Both nurseries provide childcare services for children ranging from nine months to four years and have a great reputation with strong links to prestigious local state and preparatory schools.
ICP Nurseries meanwhile was established in 2016 to create a portfolio of nursery businesses in London and the South East. ICP is headed by CEO Tracey Storey, who has more than 20 years of experience in the childcare industry.
— Laura Digby-Bell, The House Nurseries
— Geert Struyven, Corporate Finance Partner and Head of Valuation Services