Care - Our Pedigree
Christie + Co was instructed by LDC to advise on the
restructuring of the Kidsunlimited business – a portfolio of
over 50 nurseries across the UK. Our childcare specialists across
our 17 UK offices were able to carry out full property due
diligence and competitor analysis within a 3 week timeframe to
support LDC’s bid.
Our Corporate Valuation Team is recognised as pre-eminent in its field, having advised on many major transactions over recent months, including:
- In June 2009, McGrathNicol, the receivers of
ABC Learning announced that they had completed the sale of ABC
Learning Centres UK operations, notably the Busy Bees Nursery
Portfolio, comprising 130 assets , for an undisclosed sum. ABC,
Australia's largest childcare-centre operator, went into
administration and receivership in November 2008, owing more than
$1 billion
Busy Bees, the largest children's nursery group in the UK and one of Christie + Co's longest standing day nursery clients, were sold to Knowledge Universe Education.
Christie + Co were involved in this transaction, having been appointed by the ABC's receivers to provide vendor valuation advice
- Sale of Four Seasons Healthcare by Allianz
- The valuation of Paragon Healthcare in advance of HgCapital’s £322 million acquisition
- The valuation on behalf of Sovereign Capital, of the SENAD Group which comprised 11 schools for children and young people with a range of special educational needs. The group was later sold for £130 million
Other single asset, investment and portfolio valuations we have undertaken reflect the varied strands of health/childcare provision throughout the UK, including learning disability homes, acute psychiatric hospitals, children’s day nurseries, assisted living facilities, independent schools, drugs and alcohol rehabilitation units and other specialist care facilities.