Family-owned fast-growth nursery group Kids Planet has received an additional £6.5m investment from BGF to spearhead further expansion and open more sites.
Since BGF’s initial investment in 2016, the business, based in Lymm, Cheshire, has expanded to 38 sites across the North of England and Midlands.
With a strong foothold in the North West since opening its first two nurseries in Widnes and Warrington, Kids Planet opened its first site outside the region in April this year with sights set on growing the company’s geographical footprint further. A new purpose-built nursery will open in Worsley this Summer.
BGF, which is the UK and Ireland’s most active investor in growing businesses, has now invested £23m into the company with an initial £10m and a further £6.5m in 2018.