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Welcome to 2020, the start of a new decade a new government and no doubt a new set of policies and political landscape which will affect the UK childcare sector.
At the beginning of the previous decade, the UK had a coalition government and was slowly recovering from the Great Recession which had ended a few months prior, there was great uncertainty in the economy and in the UK as a whole.
Whilst the Childcare sector is in a very different place to 2010, the level of external influences is still great and will still represent challenge and opportunity as we progress through the year.
In 2019 Redwoods Dowling Kerr brokered in excess of £50m worth of transaction volumes and we are very excited about 2020 as we carry forward significant deal pipelines which we expect to complete in quarter 1, 2020.
2019 was a fantastic year for childcare business sales. A year when deals occurred at lightning pace across all regions for all sizes of operations. Earlier this year, some industry commentators talked about the market cooling.
This was not a view shared by Redwoods Dowling Kerr as it conflicted with the knowledge which we had, which was derived from our insight into current deal pipelines and conversations with buyers regarding their plans for the year ahead.
The performance of the sector in 2019 is nothing short of outstanding given the levels of political uncertainty created by Brexit and the continual soap opera which the House of Commons has been in recent years. It is testament to the sector’s entrepreneurial spirit that the external influences did not impact on business growth and acquisition aspirations.