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Pictured: Gavin Harvey of Footsteps, with solicitors Kate Pearce and Craig Davies of Pickerings.
Pickerings Solictors LLP were delighted to be appointed lead advisers in the recent acquisition of additional nurseries by Footsteps Day Nurseries Limited.
On 14 November 2014 the outstanding (as rated by OFSTED) Footsteps Day Nurseries Limited completed on the purchase of two businesses from administrators appointed on behalf of Happy Tots Nurseries Limited for an undisclosed sum.
The businesses operated at Fazeley, Tamworth and Cannock have joined the successful Footsteps group, and will continue to provide childcare services from their existing, albeit refurbished premises at Bonehill Mews (Fazeley) and Orbital Plaza Cannock. The expansion brings the total Footsteps operation to 8 sites, across the region from Tamworth, Sutton Coldfield and Lichfield to Stratford upon Avon, together with an outstanding out of school and holiday club operated at Dosthill School, Tamworth.
Adopting the “Footsteps way” at both Fazeley and Cannock will ensure that high quality child care provision is maintained at the new sites.
The purchase also secured the continuing employment of 29 members of staff who faced an uncertain future following the administration of Happy Tots.
Commenting upon the deal, Gavin Harvey - Footsteps Financial Director said “ We at Footsteps are delighted that after strong support from Pickerings, we were able to acquire the two former Happy Tots nurseries in a very tight timeframe. We look forward to successfully rebranding & refurbishing the nurseries in order to attain the same high standards of care and presentation that Footsteps provide in all our locations”
