Redwoods Dowling Kerr are delighted to announce the sale of Nelly’s Nurseries to Russell Ford’s All About Children Group in a market leading deal for a substantial seven figure sum.
Nelly’s Nursery is a group of four high quality settings in South-East London which is registered for a combined total of 195 children across all four sites. Two of the four settings are rated as Outstanding by Ofsted. The acquisition increases the number of settings in the All About Children group to 17.
The Turney Road setting sits within an extended Victorian property and benefits from close proximity to both West Dulwich and Herne Hill rail stations. The nursery operates over two floors and is registered for 43 children.
The Rossendale Road nursery is registered for 58 children and operates out of a Grade 1 listed Church. The nursery benefits from modern, purpose built facilities which has been recognised nationally for its open plan design.
Nelly’s at Lancaster Avenue occupies a large detached Victorian property and is registered for 54 children. The nursery is set over two floors and benefits from a large rear garden for outside play.
The latest Nelly’s setting is located at Dulwich Sports Ground and was opened in September 2014 and is situated within 22 acres of playing fields. The day nursery is registered for 40 and benefits from significant external timber decked areas and outside play space.
Commenting on the acquisition Russell Ford, CEO, All About Children said, “We are delighted to have acquired Nelly’s Nurseries and we would like to thank Redwoods Dowling Kerr once again for their excellent work in assisting us with our growth plans. In my opinion Paul and the team at Redwoods are the most knowledgeable and proactive brokers in the Childcare market and we have worked on a number of transactions together which has helped us grow significantly.”
Paul Miller, CEO, Redwoods Dowling Kerr said, “We are delighted to have concluded the sale of Nelly’s to Russell and All About Children. We are sure that this will prove a fine acquisition for the All About Children Group as it represents a good strategic fit. It has been a pleasure to work with Jez and Sarah and achieve the sale they desired. I would like to wish all parties every success for the future.”
The vendors, Jeremy and Sarah Hill also commented, “We engaged Redwoods Dowling Kerr to sell our group using their Corporate Sales Process which was led by Paul Miller. Paul was personally involved in the sale and managed the process very well. Redwoods have found a buyer who we anticipate will build on the quality of childcare that Nelly’s provides and we wish Russell and the team every success for the future.”