M&A Deal Summary

LPCR Group Acquires Magic Nursery Group

On January 18, 2017, LPCR Group acquired education company Magic Nursery Group from Christie Group

Acquisition Highlights
  • This is LPCR Group’s 1st transaction in the Education sector.
  • This is LPCR Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2017-01-18
Target Magic Nursery Group
Sector Education
Buyer(s) LPCR Group
Sellers(s) Christie Group
Deal Type Divestiture

Target

Magic Nursery Group

London, United Kingdom
Magic Nursery Group is a provider of employer-sponsored childcare in France, and has since grown into one of the leading premium private nursery Groups in Europe, serving c.12,500 children per day at more that 300 nurseries in France and Germany.

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Buyer(S) 1

Buyer

LPCR Group

Clichy, France

Category Company
Founded 2000
Sector Healthcare Services
DESCRIPTION

LPCR Group is a fast-growing childcare provider operating a network of more than 110 nurseries. The company either operates its own nurseries, for corporations ready to sponsor cradles for their employees (private nurseries), or manages nurseries on behalf of local authorities (outsourced nurseries). LPCR Group was founded in 2000 and is based in Clichy, France.


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: 2017 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 5 of 5
Sector: Education M&A 3 of 3
Type: Divestiture M&A Deals 5 of 5
Country: United Kingdom M&A 4 of 4
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-03 Chapman Group

United Kingdom

Chapman Group which owns and manages 28 hotels and pubs in the south of England.

Sell -