For investors

Puma Investments

Exited

Applebarn Nurseries

Northwest England

LOCATION

Childcare

SECTOR

October 2017

INITIAL DEAL

Overview

In 2017, Puma Private Equity deployed £2.3 million of equity into Applebarn Nurseries, a childcare business operating under Back to the Garden Childcare. Puma made a subsequent investment of £700,000 to enable it to expand the number of nurseries in the group.

About Applebarn Nurseries

Applebarn Nurseries is a childcare business operating under the Back to the Garden Childcare brand. The team’s first site, a custom-built 120-place children’s day nursery in Altrincham, South Manchester, opened in September 2018 and continues showing occupancy growth. The management team include a successful operator of nurseries, together with an experienced developer and contractor.

Exit

Puma Private Equity successfully exited Applebarn Nurseries in September 2023.