Christie Group PLC Brokers sale of flagship Day Nurseries Group
August 17 2016 - 4:58AM
RNS Non-Regulatory
TIDMCTG
Christie Group PLC
17 August 2016
17 August 2016
Christie Group plc
("Christie Group" or the "Company")
Christie & Co brokers sale of flagship Day Nurseries Group
in Canary Wharf
Christie Group plc (CTG.L), the leading provider of Professional
Business Services and Stock & Inventory Systems & Services
to the leisure, retail and care markets, is pleased to announce
that Christie & Co, its specialist provider of agency and
advisory services, has successfully brokered the sale of Canary
Wharf's Little Unicorn Day Nurseries Group to leading childcare
provider Bright Horizons Family Solutions.
Founded in 1998 by Kate Williamson, the independently-owned
flagship Little Unicorn Group currently consists of 4 settings with
an effective operating capacity for around 350 children.
Nick Brown, Associate Director within Christie & Co's
Childcare & Education team, commented on the transaction,
noting, "At the time Kate started her business, Canary Wharf was a
very different place to the thriving area which it is today, and
the development of a fledgling childcare business at that time was
perceived to be a potential risk.
"However, the sheer determination of her and her family to
succeed enabled them to not only open their first setting, but grow
and evolve the business to where it is today, a thriving group of 4
premium childcare settings which also offer emergency childcare
facilities and back up care."
"With an excellent reputation, premium fees and very high demand
from parents and Wharf-based employers for places, the business
quickly became a success.
"In an era of insecurity following the recent Brexit vote, it's
heartening to see that a major international childcare operator
like Bright Horizons Family Solutions saw this privately- run group
in the heart of London's financial quarter as a desirable prime
asset to acquire."
Enquiries:
Christie Group plc
David Rugg 020 7227 0707
Chief Executive
Dan Prickett 020 7227 0700
Chief Financial Officer
Richard Lunn
Managing Director Care, Christie & Co 020 7227 0716
Panmure Gordon (UK) Limited:
Dominic Morley / Charles Leigh-Pemberton 020 7886 2906
Nominated Adviser & Broker
Notes to Editors:
Christie Group plc, quoted on AIM, is a leading 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.
Tracing its origins back to 1846, the Group has a long
established reputation for offering essential services to client
companies in agency, valuation services, investment, consultancy,
project management, multi-functional trading systems and online
ticketing services, stock audit and inventory management. The
diversity of these services provides a natural balance to the
Group's core agency business.
For more information, please go to www.christiegroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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