The funding from investors Gresham House will support the nursery group’s plans to increase its sites from 20 to more than 80 by 2025, adding more than 5,000 childcare places and employing an additional 3,000 staff.
This is Gresham House’s first investment in the education sector via its second sustainability flagship fund – the British Sustainable Infrastructure Fund II (BSIF II). The move makes the investor NFC’s largest minority shareholder.
NFC’s goal is to replace the reported 16,000 childcare places lost over the past five years, while providing extended opening hours to enable parents to return or remain at work.
