ISIS invests in Happy Days
ISIS Equity Partners has invested £3.7m in day nursery operator Happy Days.
ISIS plans to grow the company organically and through add-on acquisitions. It will initially support an addition of four sites, expanding the business to Exeter and Bristol.
The deal represents an exit for YFM Equity Partners and its South West Ventures Fund.
Previous funding
YFM Equity Partners took a minority stake in Happy Days in a December 2003 first round of financing.
Company
Happy Days Consultancy, founded in 1991, operates 16 day nurseries for children aged between three months and five years. The company is based in Newquay, UK.
People
Director Paul Morris worked on the deal for ISIS.
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