The Village Nursery Group has secured a £2.7 million loan from London private bank Arbuthnot Latham to support its expansion in the Northwest of England, Business Leader has reported.
Family-owned business The Village Nursery Group operates nine nurseries, several funded with Arbuthnot Latham financing.
Owner Ian Lightley said: “Last year was an extremely difficult one for all childcare providers. But… we are now well-positioned to continue to expand our business, looking ahead to the better times that are – hopefully – just around the corner.”
Andy Broughton, director and head of Arbuthnot Latham’s Northwest office, said: “We have a great working relationship with the Village Nursery Group, and we are delighted to have been able to support their business growth aspirations, especially during such unprecedented and challenging times. The recent acquisitions are fantastic opportunities for the Village Nursery Group and we look forward to seeing the business grow and prosper under their strong leadership.”
Date published: 2 February 2021