Electra Partners provides new investment capital for acquisitive means

Treetops Nurseries has turned to its existing equity backer in its efforts to secure new investment capital to close growth deals.

Electra Partners has backed Treetops Nurseries for a second time so that the business can acquire a South East-based nursery school operator.

In its current state, Treetops Nurseries provides childcare to 3,000 kids and has 34 schools. It was spun out from PINE Unit Trust in February 2012 when Electra Partners got involved. The goal set out then was to expand the business organically and through acquisitions in a ‘highly fragmented market’.

By buying the unnamed South East-based operator, Treetops has added 15 sites to its estate and it will now be investing in its environment and learning services.

Electra Partners investment director Chris Hanna says, ‘Our strategy for Treetops is to expand the business both organically and through acquisitions of smaller competitors in what is a highly fragmented market.

‘We are therefore delighted to support the management of Treetops make this important acquisition which enhances the business’ geographical footprint in an attractive market.’

More on Electra Partners deals:

The London-based private equity firm has now made five investments during 2014, including an £85 million commitment for Hotter Shoes.

Statistics from the firm reveal that for the year to date 30 September 2013, record levels of investments and realisations were made accounting for £337 million and £459 million respectively.

Hunter Ruthven

Hunter Ruthven

Hunter was the Editor for GrowthBusiness.co.uk from 2012 to 2014, before moving on to Caspian Media Ltd to be Editor of Real Business.

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Private Equity