East Midlands childcare provider acquires new nursery via six-figure HSBC funding
A Nottingham business providing childcare for children aged two to five has acquired a 2,000 sq ft nursery and hired two additional childcare specialists, with financial support from HSBC UK.
Ducklings Nursery has used a six-figure funding package from HSBC UK to purchase Beeston Nursery, located on Station Road in Beeston.
The purchase ensures Beeston Nursery can continue to offer essential childcare to over 100 local children as well as retaining its 13 staff members. This would not have been possible without the acquisition as the previous owner had decided to retire from the business leaving the future of the nursery in doubt.
In addition to securing the future of Beeston Nursery, the acquisition will also see two specialist jobs added at the nursery with the potential for further expansion and job openings in the future.
Medusa Sojourn, Owner, and Founder of Ducklings Nursery, commented: “As a local resident myself, it is heartening to be able to provide a safe, supportive environment for Beeston children. I’m extremely grateful to HSBC UK for its support throughout this process.”
Dominic Edgar, Relationship Manager at HSBC UK, added: “Ducklings Nursery has a reputation for providing an excellent service to the local community. This commercial business loan from HSBC UK will help the nursery grow significantly, allowing more parents and children to benefit.”
Ducklings Nursery was established in 2009 when its first nursery opened in Sutton Coldfield. A second nursery was later acquired in Sandiacre.
By Matthew Neville – Senior Correspondent, Bdaily
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