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 ТЃ95m. Asquith Nurseries is a childrenт€™s day nursery operator with places for up to 10,000 children across 113 nurseries and crУЈches nationwide. Lyceum acquired the Asquith Court business in 2001 for a consideration of ТЃ66m. In late 2004, Lyceum realised some value from its 2001 investment through a ТЃ57m sale of 17 schools to Englefield Capital-owned Cognita, a private schools operator.