JLF advises on sale of Choice Childcare nursery group to Kids Planet

Mergers and Acquisitions specialists JLF has advised shareholders, Ajeet Chadda and Kanchan Chadda of the Choice Childcare nursery group on the sale of 100% of the share capital of the company to Kids Planet.

North east-based Choice Childcare operates five nurseries and becomes the latest acquisition for Kids Planet, a group of 120 nurseries across the UK.

The transaction was led by Senior Partner and M&A expert Jabad Jaigirdar, he said “The record wave of M&A activity that we witnessed in Q1 and Q2 of 2022 is showing no signs of slowing and in particular, there is significant consolidation in the market for children’s nurseries and educational businesses at the moment. A business exit is a defining achievement for any entrepreneur and it was a pleasure working with Ajeet and Kanchan Chadda on theirs. We wish all parties the best of luck for the future.”

Commenting on the transaction, Ajeet said, “Having been involved in several corporate transactions as a buyer over the past decade, this was the first time we found ourselves on the ‘sell-side’ of the negotiating table, opposite a Buyer with a strong history of M&A. From the first moment we met Jabad, we were put at ease and led through the process with a reassuring confidence and a drive to ensure we achieved the targets we set for ourselves from the outset. Throughout a stressful and demanding period, Jabad and his team were able to steer us past the occasional obstacle and bump in the road to get to us where we wanted to be, all the while ensuring we were comfortable with the decisions we were making in challenging timescales.”

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