Amberglobe are pleased to announce that they have recently completed on the sale of the Petit Enfants Group of Day Nurseries which were based in Oxfordshire, Northamptonshire and Gloucestershire.
The group had a combined growing annual fee income of £1.9m and offered in total 387 registered places. This sale forms part of an initial relationship with both owners of the business, where several years ago we were able to introduce an investor into the business who then helped fund the acquisition of further day nurseries which has then culminated in this recent sale to the COOP childcare division.
The sale of the group had an asking price of £1.25m on a leasehold basis for the sale of the limited company on a cash free debt free basis. http://www.amberglobe.co.uk/basic_details.aspx?ref=2499
