Family First Nursery Group has acquired Footsteps Day Nurseries, a group of 10 independent nurseries in the West Midlands, established in 2002 and catering in total to almost 900 children.
Footsteps Day Nurseries´ founder and managing director Gavin Harvey, said: “We’d taken the business as far as we could and knew that to grow it further would require substantial investment. So, we were delighted to choose Family First to take our organisation to the next level in our company’s evolution.
“Family First ticked all the boxes for us as we wanted to find a buyer that shared our own ethos of providing high-quality childcare, one where the team already have a long track record in our industry and one which is willing to invest in our team and our business.”
Family First Nursery Group’s chief executive Ollie Humphries added: “We’re extremely delighted to welcome Footsteps to the Family First fold and will be retaining its excellent branding and profile in its local areas. We have developed an incredibly strong culture at Family First, one where we empower the Managers to make important decisions about the future of their nurseries, with plenty of back-up and support, along with training and development, and we’re looking forward to learning about all the excellent things they do, which can be shared with other nurseries across the Family First group.”
Business property advisor Christie & Co facilitated the sale.
Nick Brown, director and head of brokerage at Christie & Co, said: “Due to the demand for high-quality childcare settings across the Midlands, there has recently been a number of landmark deals achieved, from impressive single settings through to multi-site groups. As buyers are looking for better value options to London and the Southeast, the Midlands is an ideal location to achieve this.”
Date published: 2 November 2021