
UK - Lyceum exits Asquith Nurseries via sale to Dawnay, Day and Swordfish
Lyceum Capital has sold Asquith Nurseries to Dawnay, Day Principal Investments and Swordfish Investments LLP for £95m. Asquith Nurseries is a children’s day nursery operator with places for up to 10,000 children across 113 nurseries and crèches nationwide. Lyceum acquired the Asquith Court business in 2001 for a consideration of £66m. In late 2004, Lyceum realised some value from its 2001 investment through a £57m sale of 17 schools to Englefield Capital-owned Cognita, a private schools operator.
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