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Redwoods Dowling Kerr are delighted to announce the sale of Four Seasons Nurseries; a group of 2 award winning nurseries situated in excellent locations within Glasgow.
Set within popular office developments, the nurseries have a combined registration of more than 220 children. Since opening in the 1990’s, the nurseries have developed an excellent reputation within the local community - evident from the “Excellent” or “Very Good” scoring across the care standards in the latest inspection reports.
The vendors, George and Inez Murray, only decided to bring the business to the market due to their wish to retire. Following eight viewings and four offers, the nursery was sold to Asquith Nurseries; one of the UK’s leading providers of premium childcare and education for children under the age of five. The business was sold with long leases in place until 2028. Among the factors which attracted the corporate buyer to the business was the opportunity Four Seasons provided to expand their nursery group within Scotland. This is the latest in a number of acquisitions that Asquith Day Nurseries have made through Redwoods Dowling Kerr, with other notable deals including Bobby's in London and Prestbury Day Nursery in Cheshire.
The Murrays are delighted that the Group has sold to one of the UK’s largest childcare providers; having reassurance that their hard work and staff members would be taken care of from this acquisition. Regarding the sale, George and Inez Murray commented, “We have nothing but praise for Redwoods for the manner in which they managed the acquisition of our nurseries. We had a rather long, protracted journey to conclusion - which was out of their control. We felt they were with us every step of the way, always at the end of a phone with information and advice. From the initial valuation meeting, everyone at Redwoods was very professional and we felt our request for confidentiality was fully respected. We would especially like to thank Scott Toward for his initial advice and assistance throughout the transaction, and Sarah Ellison who was our dedicated negotiator and invaluable.” Mrs Murray further commented, “I am really happy with the service provided by Sarah Ellison, Senior Childcare Negotiator at Redwoods Dowling Kerr, and Jenna Caldwell, Business Sales Manager. I’m impressed with Sarah’s ability to deal with the peaks and troughs of the deal, and keep me focussed on the sale.”
Sarah Ellison comments, “I am extremely pleased that we have again helped Asquith Nurseries acquire another successful Day Nursery setting, and helped Mrs Murray retire with the knowledge that her 20 years + work is in very experienced hands. I wish all parties the best for the future.”
To book a free appraisal of your childcare setting, or to simply to find out more information, call us in confidence on 0844 2488 282 or email firstname.lastname@example.org
Associate Director – Scott Toward