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Happy Days Nurseries offers quality childcare across the South West including Bristol, Bath, Cornwall, Devon, Dorset, Somerset and Wiltshire. The investment will support the nursery group’s ambitious growth and development plans, which will see it expanding its nursery operations into existing and new areas across the South West and beyond through a mixture of organic growth and acquisitions. It’s committed to opening new sites in Salisbury, Yate and Taunton in 2023 with further opportunities in the pipeline.
TLT advised on all aspects of the transaction, which involved cross-sector and cross-service expertise from across the firm. The team was led by Alice Gardner and supported by Nicole Spurling, Dan Whitewood, Joanna Grover, Jessie Cockhill and Samuel Dunne (corporate), Samuel Hill and Georgia Bew (banking), Mark Braude (tax) and Ed Pitt (real estate).
Kim Herbert, managing director at Happy Days Nurseries commented: “We were extremely grateful for the help and support of the whole team at TLT. All those involved provided clear and expert advice on a complicated financial transaction, which will be instrumental in advancing our growth in the coming months and years. We are delighted to have secured this investment from Zetland which will allow us to provide inspirational care and education to more children across the South West, whilst investing in our existing nurseries and teams to improve environments, support staff development and ensure every child at a Happy Days Nursery has the best possible start in life.”
Alice Gardner, corporate partner at TLT said: “Zetland’s investment of Happy Days Nurseries and its management team is an important step to enable the company to boost growth as it looks to expand its operations into new territories. We’re pleased to have advised Happy Days on this deal, drawing on the strength and depth of our team and working with the company and the management team on all aspects of the investment.”
29 July 2022