Specialist business property adviser, Christie & Co, has sold Angels Day Nursery in Kettering, Northamptonshire.
Established in 2001, Angels Day Nursery offers day care to up to 55 children aged zero to four years. The business operates from a large Edwardian converted house on a busy through road.
Following a confidential sales process with Christie & Co, the setting, which has been owned by Simeon Singer since 2016, has been sold to national provider, Kids Planet, which now owns 132 settings.
Simeon Singer says: “During the past seven years, I have been fortunate to be the owner and guardian of this wonderful nursery and I’ve put a huge amount of personal energy, time, and money into improving the facilities to ensure that the team provides the highest standards of care and education for the children in our care.
“I made the decision to sell Angels Day Nursery to allow me the time to focus on my business interests outside of the childcare sector. After a very careful selection process, I decided to sell the nursery to Kids Planet given their ethos as a primarily family-run and highly regarded childcare operator.
“It was a genuine pleasure to deal with Matt and the team at Kids Planet and I wish them every success in the future as they look to build on the nursery’s fantastic local reputation.”
Clare Roberts, CEO at Kids Planet, says: “I am thrilled to welcome Theresa and the team, and we are looking forward to supporting the nursery with their transition into our Kids Planet family. Angels Nursery prides itself on providing a ‘home from home’ environment and delivering excellent quality childcare and education, aligning with Kids Planet’s own values.”
David Eaves, director – Childcare & Education at Christie & Co, who handled the sale, says: “Having originally acquired Angels Nursery via Christie & Co in 2016, we were delighted to support Simeon through his sale process, and I’m confident the setting will go from strength to strength under Kids Planet’s ownership.
“The improvement in performance, both operationally and financially, that Simeon has overseen during his ownership have been truly remarkable and are a fine example of what can be achieved with the right focus and management team.
“This is yet another fantastic deal in what is proving to be an exceptionally busy year, not only in the East Midlands but all across the country where, in many cases, owners seeking to exit have achieved values beyond their expectations due to the competitive nature of the market.”
Angels Day Nursery was sold for an undisclosed price.
