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Thrive is one of the UK's largest children's nursery groups.
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1,200

Employees

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46

Nurseries

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Manchester

Headquarters

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February 2019

Investment date

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Education

Sector

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Current

Status

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Overview

Thrive operates 46 children’s nursery settings in North West England and Scotland under a range of recognised local brands. Thrive is committed to delivering high quality early years education to children aged from three months onwards. Many settings have a particular emphasis on nature-led education with extensive outdoors areas.

The management team is led by CEO Cary Rankin and CFO Will Newton, supported by Chair Margaret Hill.

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Investment strategy

Thrive's nurseries are well-positioned to benefit from growing demand for quality early years education across the UK. The UK nursery sector remains highly fragmented with a significant number of privately-owned single sites. Apiary is providing additional capital and strategic support to the acquisitive growth strategy.

Investment Team
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"Our partnership with Apiary will allow us to continue to invest in our nurseries and deliver the very best levels of care and education. In addition, there is a clear opportunity to expand Thrive's footprint through selective acquisitions."

Cary Rankin, CEO

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Apiary Capital LLP
6 Warwick Street, London W1B 5LX
+44 (0) 203 034 7600
info@apiarycapital.com
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Apiary Capital LLP is incorporated as a Limited Liability Partnership in England and Wales under the partnership number OC417522 and is authorised and regulated by the Financial Conduct Authority under the reference number 790024.

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