Cripps advises on sale of The House Nurseries
Cripps has advised The House Nurseries on its recent sale to ICP Nurseries.
The House Nurseries includes Northcote House Nurseries in Battersea and Little House Nurseries in Wimbledon. Both nurseries provide childcare for children from nine months to four years and have a great reputation with strong links to prestigious local state and preparatory schools.
Formed in 2016, ICP Nurseries has a strategy of acquiring the very best nursery settings in Greater London, the Home Counties and the South East. Following the acquisition, the House Nurseries will retain their ethos, names, individuality and make-up, in line with ICP’s aim of growing a group, rather than a chain.
Julie Hughes led the Cripps team, advising business owner Laura Digby-Bell on all of the legal aspects of the sale.
Laura commented: “The sale was handled very professionally by Cripps. Julie Hughes and Erin Willock guided me through the process and were unfailingly supportive. Nicola Paffard was efficient with her handling of the properties which included a freehold and a leasehold. I am very grateful for the support the team gave me, which at times went beyond the call. It was an emotional experience for me to sell a business I owned for many years, but with Cripps’ help we got there very easily.”
This is the latest in a number of deals the firm’s corporate team has advised on. For more information see here.