Nursery group Kids Planet has acquired Tic Toc Day Nursery, a group of two day nurseries, in Coventry.
Tic Toc Day Nursery is an independent family-run business established in 2004 as a 52-place nursery, named Tic Toc 1. A second setting, Tic Toc 2, was opened in 2009 and later expanded in 2015. Tic Toc 1 is for children under the age of three, and Tic Toc 2 is for pre-school children.
Tic Toc Day Nursery was owned by David Wedgewood, who is retiring, and his family.
Jassi Sunner, associate director at Christie & Co, who handled the sale, said: “The market has shown no signs of abating, with increasing amounts of stock going under offer in the Midlands. We are seeing interest from large groups through to regional operators and independents, all of whom are confident in occupancy level recovery and the expected baby-boom.”
Date published: 2 November 2021