Client information

Happy Times

Andrew Barnsley and Kosta Kangelaris have advised HTC Healthcare Group (“Happy Times”) on the disposal of the Richmond nursery to Casterbridge Care and Education (“Casterbridge”).

Founded in 1997 by Adam Shaw and Elizabeth Cullen and backed by SPARK (formerly Quester) and Acuity Capital, Happy Times has grown to become the provider of high quality childcare in London, with a growing reputation throughout the UK as a leader in its field. Prior to the sale, Happy Times operated four nurseries in Battersea, Hammersmith, Richmond and Fulham. The company concentrates exclusively on operating nurseries with over 100 places.

Andrew Barnsley and Kosta Kangelaris also advised Happy Times on the £3.75 million sale-and-leaseback transaction of the Fulham freehold in May 2007.

Managing Director of Happy Times, Adam Shaw said “This is the third transaction that they [Andrew Barnsley and Kosta Kangelaris] have advised us on. On each occasion we have been very impressed with their understanding of the education sector”.

Andrew Barnsley, Managing Partner of Nexus Corporate Finance said “We are pleased to provide Happy times with the opportunity to continue operating with its unique brand and state of art facilities”.

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Education

Andrew Barnsley
Kosta Kangelaris

www.sparkventures.com