News

Bright Horizons for Essex nursery acquisition

Business Management
Bright Horizons has added another nursery to its portfolio - marking the latest instalment in a very lively year for sector acquisitions.

The Phoenix Day Nursery, based in Brentwood, Essex, has joined the company, bringing the total number of Bright Horizons settings to 215 in the UK and Ireland.

The Phoenix, rated outstanding in its two most recent Ofsted reports, was established by Janet Elnaugh in 2001, becoming a Forest School in 2010.

Mrs Elaugh, who is retiring, said, ‘Selling the nursery after 15 years was a very difficult decision to make and quite a complicated process.

‘I wish the new owners every success for the future.’

Karrina Lee, Senior Childcare Negotiator at broker Redwoods Dowling Kerr, said, ‘This is an outstanding setting with an excellent reputation, and I am pleased to have assisted Bright Horizons in enabling them to add another quality setting to their ever expanding portfolio.’

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