In the lead-up to the Budget, and following the announcement of the £22 billion black hole in public finances, the childcare market experienced a frenetic level of activity as sellers channelled their focus into completing deals before the anticipated changes kicked in. This resulted in an unprecedented October, during which Christie & Co completed 45 nursery transactions — a level beyond the norm — from smaller single-asset sales to landmark deals such as the sale of Children 1st Day Nurseries on behalf of Margaret Mason OBE.
This heightened level of activity isn’t limited to the day nursery sector, as Christie & Co completed 144 transactions across the business landscape in October alone, echoing the seller sentiment of wanting to complete while still trading in certainty.
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