Children’s nursery group ramps up acquisition strategy with Santander funding
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Kindred Education
Headquartered in Kettering, Kindred Education is a family of day nurseries and pre-schools. Founded in 2015, Kindred Education’s portfolio includes 21 Kindred nurseries located in Greater London, Essex, Salisbury and Bournemouth.
Kindred Education has expanded their geographic reach and their existing portfolio of 18 Kindred nurseries to 21 by acquiring three new nurseries in Cambridgeshire. They were able to do this with the help of funding from Santander.
Santander quickly proved invaluable when it came to supporting our growth plans, with its strong expertise in the nursery sector and knowledge of the challenges we would face with acquisitions. Their help and guidance are beginning to open many opportunities for us, and we are excited to be growing into a sizable nursery group with Santander right beside us.
CEO, Kindred Education
This funding also supports their acquisition strategy, with aspirations to acquire 30 new nurseries and increasing staff from 450 to 750 in the next five years. They’ve also moved their day-to-day banking to Santander as a result of the support offered.
We’re delighted to be working with the team at Kindred Education, who have built an excellent brand and reputation in the nurseries sector. We look forward to supporting the business to achieve its aspiration to grow rapidly over the next few years.
Relationship Director, Santander