Abeona lands £2.5m from OakNorth to open second nursery
What's the deal? AbeonaDealroom has a profile for this one. Try Dealroom →, a Northamptonshire childcare operator, has secured a £2.5m debt facility from OakNorthDealroom has a profile for this one. Try Dealroom → to fund a second nursery. The financing covers the purchase and redevelopment of a property at Shooters Hill, Great Addington.
Where's it expanding? The new site sits around five miles from Abeona's existing Warkton nursery near Kettering. It is planned to accommodate up to 100 children.
What's the endgame? The deal moves Abeona from a single-site operator to a two-nursery business, adding fresh early years capacity in the region.
The signal: The financing lands as demand for early years provision continues to grow, and shows how debt from lenders like OakNorth is funding expansion across the childcare sector.
Read more: TheBusinessDesk.com
Image credit: National Assembly For Wales / Cynulliad Cymru
