M&A Deal Summary

Busy Bees Childcare Vouchers Acquires Positive Steps Children s Day Nurseries

On August 2, 2016, Busy Bees Childcare Vouchers acquired education company Positive Steps Children s Day Nurseries from Christie Group

Acquisition Highlights
  • This is Busy Bees Childcare Vouchers’ 1st transaction in the Education sector.
  • This is Busy Bees Childcare Vouchers’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2016-08-02
Target Positive Steps Children s Day Nurseries
Sector Education
Buyer(s) Busy Bees Childcare Vouchers
Sellers(s) Christie Group
Deal Type Divestiture

Target

Positive Steps Children s Day Nurseries

High Wycombe, United Kingdom
Positive Steps Children's Day Nurseries Ltd. owns and operates nurseries in the United Kingdom. Company is one of the most highly-acclaimed in the South East and operates with a total effective operating capacity for 619 children. All of the nurseries are located in prime sought after trading locations around London and the surrounding counties.

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Buyer(S) 1

Buyer

Busy Bees Childcare Vouchers

Lichfield, United Kingdom

Category Company
Sector Business Services
DESCRIPTION

Busy Bees Childcare Vouchers Ltd. provides childcare vouchers.


DEAL STATS #
Overall 1 of 1
Sector: Education M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Christie Group

London, United Kingdom

Category Company
Founded 1846
Sector Business Services
Employees628
Revenue 60M GBP (2024)
DESCRIPTION

Christie Group is a professional business services group with 46 offices across the UK, Europe, and Canada, catering to its specialist markets in the leisure, retail, and care sectors. Christie Group operates in two complementary business divisions: Professional Business Services (PBS) and Stock & Inventory Systems & Services (SISS). These divisions trade under the brand names: PBS - Christie & Co, Pinders, Christie Finance, and Christie Insurance; SISS - Orridge, Venners, and Vennersys. Christie Group was incorporated in 1846 and is based in London, England.


DEAL STATS #
Overall 2 of 5
Sector: Education M&A 1 of 3
Type: Divestiture M&A Deals 2 of 5
Country: United Kingdom M&A 1 of 4
Year: 2016 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-01 Orridge Business Sales

Falkirk, United Kingdom

Orridge Business Sales Ltd. is the oldest established specialist firm of pharmacy business agents in the UK.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-17 Little Unicorn Day Nurseries Group

York, United Kingdom

Little Unicorn Day Nurseries Group Founded in 1998 by Kate Williamson, the independently-owned flagship Little Unicorn Group currently consists of 4 settings with an effective operating capacity for around 350 children.

Sell -