Arbuthnot Latham has provided a £2.7m loan to The Village Nursery Group to support its expansion in the North West.
The Village Nursery Group, a family-owned business with nine nurseries across the North West, joined the bank four years ago and have used previous funding to drive business growth through the acquisition of a number of other settings.
Ian Lightley, Owner of The Village Nursery Group said: “Last year was an extremely difficult one for all childcare providers. But having a relationship-led bank like Arbuthnot Latham behind us means that we have been able to find solutions to our challenges and identify new growth opportunities. We are now well positioned to continue to expand our business, looking ahead to the better times that are – hopefully – just around the corner.”
Andy Broughton, Director and Head of Arbuthnot Latham’s North West Office, said: “We have a great working relationship with the Village Nursery Group, and we are delighted to have been able to support their business growth aspirations, especially during such unprecedented and challenging times. The recent acquisitions are fantastic opportunities for the Village Nursery Group and we look forward to seeing the business grow and prosper under their strong leadership.”