Stevens & Bolton’s corporate team has advised Bright Stars Nursery Group on its acquisition of five additional nurseries in the first two quarters of 2023, totalling £20m.
Bright Stars Nursery Group is focused on owning and operating premium nurseries in England and Scotland, with a dedicated focus on providing the very best childcare in the local area. These new acquisitions will expand the high quality nursery group to a total of 97 settings across England, Ireland and Scotland.
Stevens & Bolton has acted for Bright Stars Nursery Group (previously ICP Nurseries) since 2016 and have supported them in connection with all of their previous UK acquisitions. Stevens & Bolton values the strong relationship it has with the Bright Stars Nursery Group.
Francesca Messina, Managing Associate in Corporate commented, “We have a wonderful relationship with Bright Stars and its management team and it has been a pleasure to work with the team on their expansion. We look forward to supporting the continued growth of the group in the future.”
Kirsty Ibbott, M&A Director added, “We are thrilled to have completed these acquisitions, made possible with the support of Francesca and the rest of the team at Stevens & Bolton. Their expertise and proficiency throughout the process has been invaluable. We greatly appreciate their commitment to our success and look forward to the continuation of our association as we grow our nursery group, providing high-quality childcare to even more families across England, Scotland, and Ireland.”
The Stevens & Bolton team was led by corporate managing associate Francesca Messina and associates Rebecca Minear and Clare Newberry (corporate) and supported by Sarah Kirwan on the real estate aspects.