Chain leaps up list in merger
-
News
- Wednesday, July 10, 2002 | Nursery World
The Busy Bees childcare group has become the second-largest nursery chain in the UK and Ireland following its purchase of Lancashire-based Kindercare Childcare Centres. Busy Bees, which was the fifth largest group listed in the June issue of the Nursery World supplement Nursery Chains, secured 50m funding from private equity house Gresham Trust in 2000. Since then it has bought Copperbeech Day Nurseries, a group based in St Albans, Hertfordshire, and Tibbitots Day Nurseries in Lancashire, in addition to a number of other developments. Including Kindercare, this represents an investment of 27m from Gresham over the last two years.