RCS - Christie Group PLC - Christie & Co broker sale of London day nursery

ChristieAnnouncement

22/01/2024 07:00

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RNS Number : 3478A  Christie Group PLC  22 January 2024

22 January 2024

 

Christie Group plc

("Christie Group" or the "Company")

 

Christie & Co broker sale of leading London day nursery to Dukes Education

 

Christie Group plc (CTG.L), is pleased to report that its specialist business
property adviser, Christie & Co
(https://url.avanan.click/v2/___http:/www.christie.com/___.YXAxZTpzaG9yZWNhcDphOm86MTJiM2M4MzcwNzBkMDE5MjliZjNmNWYxM2ExMDA3ZTE6NjpmNTU0OmU2ODliOTJkZThkZWUzZGMwZTUwMWYwNDMwZDFiMGRhNTMwMmM2NGQ4ODBlODNjNTllOTAyOWZkMjg4MzA1NWE6cDpU)
, has announced the sale of London-based Pippa Pop-ins Nursery Schools
(https://url.avanan.click/v2/___https:/www.pippapopins.com/___.YXAxZTpzaG9yZWNhcDphOm86MTJiM2M4MzcwNzBkMDE5MjliZjNmNWYxM2ExMDA3ZTE6Njo2ZWYzOjFhNDU5NWJmZTM3MjBjN2UzNTQyYTgwMzgzZTE4NzBkYTM3MTNhN2IxODJjY2EyZTE3MzlkZDNiODY1NzQ5Yzc6cDpU)
to Dukes Education
(https://url.avanan.click/v2/___https:/dukeseducation.com/___.YXAxZTpzaG9yZWNhcDphOm86MTJiM2M4MzcwNzBkMDE5MjliZjNmNWYxM2ExMDA3ZTE6NjpkNmFjOjI2MjdiYmU5NDFiMjdmOGExYzM5MjY2OWJiMmQ0N2E5MTc1NzkzOTQyMGQ5MDBmZDY4ZTgxYmEyOTUwNTliNmI6cDpU)
.

 

Pippa Pop-ins is a long-established, highly respected family-owned portfolio
comprising four prestigious nursery schools located on the borders of
Kensington, Notting Hill, Holland Park, Chelsea, and Fulham in London.

 

Originally founded in 1992, this market-leading nursery group is widely
regarded as one of London's leading early childhood education providers,
having also featured in the Tatler guide to the top nurseries
(https://url.avanan.click/v2/___https:/www.tatler.com/article/best-nurseries___.YXAxZTpzaG9yZWNhcDphOm86MTJiM2M4MzcwNzBkMDE5MjliZjNmNWYxM2ExMDA3ZTE6Njo3NGZjOjQ3NmY5NWE1MzUwMzk3ZWIzOGQ1NDMyMDRkZjhiOTM3NDQ2ODE4NTQ0MTNhZTNlM2NjMzFhZjVhYmJlYWI3NGU6cDpU)
.

 

Following a confidential sales process facilitated by Christie & Co, the
business has been purchased by Dukes Education in what is considered to be
the highest value independent small nursery group OpCo transaction to have
been completed in the UK.

Dukes Education Group is the leading, largest premium school group in the UK.
Founded by Aatif Hassan in March 2015, it has over 30 school brands with
10,000 pupils as well as summer schools, activity camps, and a university
entrance consultancy service.

 

Aatif Hassan, Chairman at Dukes Education comments: "I am thrilled
that Pippa Pop-ins Nursery Schools is joining the Dukes Family and extend a
very warm welcome to Principal Rachel Watson, the staff, and families. I have
long admired the success of these wonderful nursery schools having originally
visited for my children over 10 years ago. Pippa Pop-ins nursery schools,
following the best of traditional standards, wholly align with our foundations
for creating a happy childhood, a fulfilling future, and an enduring love of
learning."

 

Courteney Donaldson, Managing Director - Childcare & Education at Christie
& Co, comments: "We are delighted to have aided our clients in the sale of
Pippa Pop-ins Nursery Schools to Dukes Education. I first visited Pippa
Pop-ins nursery schools over 15 years ago and was immediately struck then by
how truly exceptional they were. Following our client's acquisition of the
business in 2012, this prestigious portfolio of leading London nursery schools
has further expanded via the opening of a school in Kensington. Pippa Pop-ins
is an exemplary business and, with their exceptional track record as
world-class educationalists, we are delighted to have facilitated a sale to
Dukes Education."

 

Pippa Pop-ins Nursery Schools was sold for an undisclosed price.

 

Enquiries:

 

Christie Group plc

Dan
Prickett
                +44 7885 813 101

Chief
Executive

 

Courteney
Donaldson
+44 7831 099 985

Manager Director - Childcare & Education, Christie & Co

 

 

 

Shore Capital

Patrick Castle / Iain
Sexton
020 7408 4090

Nominated Advisor and Broker

 

Notes to Editors:

Christie Group plc, quoted on AIM, is a leading professional business services
group with 37 offices across the UK and Europe, catering to its specialist
markets in the hospitality, leisure, healthcare, medical, childcare &
education and retail sectors.

 

Christie Group operates in two complementary business divisions: Professional
& Financial Services (PFS) and Stock & Inventory Systems &
Services (SISS). These divisions trade under the brand names: PFS - 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 valued 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 https://www.christiegroup.com/
(https://url.avanan.click/v2/___https:/www.christiegroup.com/___.YXAxZTpzaG9yZWNhcDphOm86MTJiM2M4MzcwNzBkMDE5MjliZjNmNWYxM2ExMDA3ZTE6NjozYjk4OjIyNTI4ZTY3OGE3MTJjMWE1OGEwNGEyMDlkNjJkMmQyNjgxNDgxZTE0ZDM5OWI4MGQzZmYyZmUyMWNjNDdiNGM6cDpU)

 

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