N Family Club today announced it has acquired Red Balloon’s three Surrey-based nurseries located in Cobham, Weybridge and Ockham.
Founded in 2017, N Family Club already operates seven nurseries in London, with 10 more opening this year. The company says it plans further expansion across London and the Home Counties targeting high-quality independent and small groups, adding it is launching a new nursery in Stratford, London this month.
Abby Auty and Caroline Ganjou, founders of Red Balloon, said: “Having taken the difficult decision to sell our amazing group of nurseries after 17 wonderful years, we were very careful when selecting a buyer. N Family’s ethos and aspirations are very well aligned to Red Balloon both in terms of their intent to provide outstanding quality care to children and in terms of their aim to provide an excellent working environment and raft of benefits to their teams.”
N Family Club founder Phil Sunderland added: “Caroline and Abby have built an incredible business and a really high-calibre team over the last 17 years, and their commitment to delivering education and customer service at the highest level was immediately obvious as soon as we walked through the doors. It’s been a fantastically collaborative process, and we want to continue the legacy of what they’ve built; simply enhancing it with the extras that are unique to the N Family Club experience.”
The group plans to target high-quality independent and small groups who, like Red Balloon, share their values and commitment to an outstanding education and customer service.
Date published: 5 March 2021