Roffe Swayne’s corporate finance team is delighted to have supported Cranbrook Day Nurseries on the recent acquisition of Elan Nurseries - a group of three day nurseries located in Haywards Heath and Steyning.
This represents a second nursery acquisition for Cranbrook, following on from their 2016 acquisition of Little Monkeys (Horsham) in 2016, a transaction on which Roffe Swayne also advised, and takes their total number of registered childcare places to 350.
The Roffe Swayne team
Led by Chris Brazier, Corporate Finance Director performed financial and tax due diligence. Chris also provided corporate finance advice to Cranbrook throughout the transaction.
Chris Holmes, CEO of Cranbrook commented: “The Team at Roffe Swayne again provided very focused support for us across a number of specialist accounting areas which helped the acquisition move smoothly to a completion. We look forward to working with them as we integrate the new nurseries”
Commenting on this acquisition project, Mark Leigh, Corporate Finance Partner said; “We are delighted to have again worked alongside Chris and Peter on a transaction which represents a step change in the growth of the Cranbrook group.”
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