Foresight Invests in Mulberry Bush Nursery Group

Foresight Group has injected capital into Mulberry Bush Nursery Group, a move designed to accelerate the expansion of high-quality early years education across the North of England. This strategic investment signals a significant push for consolidation and growth within the UK's childcare sector, a market experiencing sustained demand for reliable and reputable providers.

Mulberry Bush Nursery Group, a well-regarded operator with a 36-year history, currently manages five facilities in Greater Manchester, offering 460 childcare places and employing around 200 staff. The group has cultivated a strong reputation, evidenced by three of its settings achieving an 'Outstanding' rating from Ofsted, with the remaining two rated 'Good'. This commitment to quality has been a cornerstone of its success since its founding in 1990.

The investment from Foresight will empower Mulberry Bush to pursue a buy-and-build strategy, targeting acquisitions throughout the North of England. This approach aims to significantly increase the availability of quality childcare services in underserved communities. The private equity firm has committed substantial funding, with provisions for further capital to support the group's acquisitive growth trajectory, positioning it to become a leading regional platform.

A key element of this new chapter is the strengthening of the leadership team. Experienced childcare executive Cary Rankin is set to take the helm as CEO, bringing a decade of sector expertise. He will be supported by Joy Chamberlain as Chair, who brings extensive experience in multi-site consumer services, and Zoe Collins as CFO. The existing owner, Jo Kinloch, will continue to provide valuable guidance as an adviser to the Board, ensuring continuity and preserving the group's core values.

This transaction also provides a succession solution for the founding shareholders, facilitating a smooth transition while enabling ambitious future development. The UK childcare market, valued at an estimated £10 billion annually and projected for steady growth, presents a compelling opportunity for well-capitalized and strategically managed groups. Factors such as increasing parental employment and government initiatives supporting early years education continue to drive demand.

Foresight Group, known for its regional investment focus, sees significant potential in Mulberry Bush's established operational excellence and its strategic position in a high-demand market. The firm plans to leverage its sector knowledge and network to aid the group's expansion, both organically and through targeted acquisitions. This partnership is expected to create new employment opportunities and enhance childcare accessibility across the North of England.