£8m growth capital funding of Happy Days Nurseries

Deal typeTransaction Services
IndustryEducation

BDO provided due diligence to Santander in respect of its lending to Happy Days Nurseries in order to fund the opening of new sites.

Happy Days, a nursery operator which is backed by Livingbridge funds, currently operates 18 nurseries across the South-West and has plans for significant growth.

BDO was selected to carry out due diligence based on its extensive expertise in the childcare sector.

"BDO produced a high quality report that demonstrated their sector expertise. They worked collaboratively with us to ensure a successful completion of the transaction."

Ian Sanders, Finance Director, Happy Days Nurseries