Nursery group Kids Planet has acquired Rainbow Private Nursery School in Barkston Ash, a small village close to Selby and Tadcaster in North Yorkshire.
This is Kids Planet’s first acquisition in Yorkshire. Established in 1992, Rainbow Private Nursery School is a 227-place day nursery and out of school club set in around six acres of land with the children’s areas placed across three extensive buildings and landscaped outdoor play areas.
Previous owners, Karl and Harriet Shields, acquired the business in 2007 and decided to sell in order to retire from the sector. The Shields commented: “We were determined that the new owners would share our values and would continue to build upon the excellent reputation the nursery has, so we are delighted that Kids Planet has purchased the nursery and we know it will flourish under their ownership.”
Clare Roberts, chief executive of Kids Planet, added: “We are delighted to have completed on the acquisition of Rainbows, our first in the Yorkshire region. We look forward to working with the team over the coming months.”
Legal advice for the sellers was provided by Cripps Pemberton Greenish. Business property advisor Christie & Co facilitated the sale.
Date published: 22 November 2021