12/21/2020 | Childcare Mortgages

Christie Finance supports operators in a management buyout of their children's day nurseries

Specialist commercial finance broker, Christie Finance has supported experienced nursery operators, Chris and Hannah Twist in refinancing their group of two ‘Outstanding’ children’s day nurseries, Future Champions Nurseries in Horwich and Chorley. The purpose of the refinance was to buyout an existing business partner.

Future Champions take an innovative approach to childcare, with their offering at the cutting edge of childcare in the 21st century. Chris and Hannah believe that every child in their care should be given every opportunity to excel during their early years through providing stimulating, exciting, and creative play. The first nursery in Horwich was opened in January 2014 after significant investment and renovation. The couple proceeded to open Future Champions Nursery in Chorley in November 2017, which has been equally as popular as its counterpart.

Hannah has been operating nurseries for over 23 years and has extensive knowledge of the nursery sector and the day to day running of a childcare business. She is supported at both nurseries by experienced and loyal teams. Future Champions are able to offer the very best in childcare and attract high-end fees in view of the exceptional quality of their employees and the nurseries themselves, which are fitted out to the highest standard.  

Chris, a property developer, and qualified engineer was responsible for renovating both nurseries. He is also in charge of the financial and property management at each setting. Together, Hannah and Chris make the perfect team.

Chris and Hannah are looking to expand their business, with the potential to develop a third site next year. Speaking about their experience working with Christie Finance to successfully refinance, Chris and Hannah comment “We just wanted to thank Chris for his assistance throughout the MBO process. He was a pleasure to work with and we both very much appreciate the expertise he provided throughout the entire process.”

Chris Field, Head of Corporate Finance and Director at Christie Finance worked with Hannah and Chris to secure funding. He comments “My clients have an exceptional talent for creating first-class nurseries and operating them to the highest possible standard. They have the solid foundations to create one of the best small nursery groups in the North West region. It was a pleasure to support the refinance of their business and I hope to work with them again in the not-so-distant future.”