Muckle supports Clever Clogs as multi-million-pound investment fuels growth plans
We’ve helped North East childcare group Clever Clogs and its shareholders secure a multi-million-pound investment from BGF, paving the way for the business to expand across the region.
Founded by Andrea Townsley in 2006, Clever Clogs has grown from its first nursery in Durham into an established childcare group with three settings across the North East – looking after around 340 children and employing more than 100 people.
The investment from BGF will support Andrea and her team’s ambitions to take the Clever Clogs approach to more families, through the development of new sites and strategic acquisitions.
Corporate lawyers Matthew Walsh (partner), Sarah Forster (partner) and Lucy Dougall (solicitor) led our legal team, with support from Jordon Goodman, corporate solicitor, Zoe Jackson, banking associate, Kate Rickett, real estate senior associate and Roland Fairlamb, employment associate.
A great business with ambitious plans
Matthew Walsh said: “Sarah, Lucy and I thoroughly enjoyed working with Andrea and the team at Clever Clogs to bring BGF on board. Andrea has built a fantastic business by setting exceptionally high standards - it’s easy to see why families put their trust in her team. BGF’s investment gives Andrea the backing to bring that same standard of care to more children across the region.
“Andrea knew exactly what she wanted from the deal. That clarity helped us move quickly. It was a pleasure working with Phil Williams and his team at FRP Corporate Finance, and with Suzanne Brownie and Adrienne Paterson at Johnston Carmichael on tax. Getting the deal over the line in just five weeks says a lot about how well everyone worked together.”
Looking for support with your next investment or business growth plans?
Our teams work with businesses, shareholders and investors across the North East and beyond, providing joined-up legal advice to help make ambitious plans a reality. Get in touch with Matthew Walsh to find out how we can help.