The nursery group is expanding thanks to the acquisition of two companies

TLT law firm advised the Happy Days childcare group on expanding its offering.

The south-west England-based firm advised Toddletown and Mulberry Corner Day Nurseries.

Following the acquisition, Happy Days now operates 27 nurseries across the UK, offering a service that allows parents to work and live their lives safe in the knowledge that their children are being cared for to the highest standard.

These acquisitions are the latest phase in Happy Days’ strategic growth plans, which include expanding into new regions of the country beyond the southwest.

The transaction is the latest in a series of acquisitions completed since receiving investment from Zetland Capital in 2022, which was also advised by TLT.

TLT advised on the preparation of transaction documents and conducted a detailed due diligence analysis regarding the real estate and planning for Happy Days.

The team was led by Partner Alice Gardner and supported by Legal Director Leanne Fryer and Associate Joanna Grover.

The transaction also required support from various departments within TLT, including Ed Pitt and Zoe Green from the Real Estate team, Kate James from the Planning team and Bethany Drew from the Banking team.

Marcia Viccars, M&A Director at Happy Days, said: “This agreement is a huge boost to our ambitious expansion plans and we are delighted that the company is expanding into new areas of the country.

“Staff across all three settings will remain in their roles and we look forward to working with them to continue to provide high-quality childcare, ensuring all children have the best possible start in life.

“We would also like to thank the TLT team who provided excellent advice throughout the acquisition process. Their hard work and experience were integral to the successful completion of the transaction.”

Corporate Partner Alice Gardner added: “TLT has a long-standing relationship with Happy Days and its management team, which has been really beneficial in closing this deal. We are really pleased to have been able to help deliver Happy Days’ ambitious plans to grow its portfolio of excellent nurseries.

“More broadly, this deal is a good example of how private equity-backed companies can really accelerate their growth into new geographies. It’s also evidence of the increasing prevalence of larger childcare and education providers, rather than smaller daycare providers.”