Tigers Childcare sells 34-creche business to UK group in deal that could be worth €75m-plus – The Irish Times

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Kids Planet Day Nurseries Enters Irish Market with €75m Acquisition of Tigers Childcare

The Irish childcare sector has seen a significant consolidation as UK-based Kids Planet Day Nurseries acquires Tigers Childcare, a prominent creche group. The deal, likely valued at €75 million, marks the first international expansion for Kids Planet, the second-largest childcare provider in the United Kingdom.

Key Takeaways:

  • Deal Value: Estimated at €75 million.
  • Operational Scale: 34 creches across Ireland, primarily in Dublin and commuter counties.
  • Impact: 3,200 children served and 640 employees.
  • Strategic Goal: Accelerate growth within the Irish market through increased funding.

Operational Footprint and Scale

Tigers Childcare has established a formidable presence in the Irish market, operating 34 creches. While the group’s reach extends across the state, the majority of its facilities are concentrated in Dublin and the surrounding commuter counties. This network currently caters to 3,200 children and employs a workforce of 640 people.

Operational Footprint and Scale
Tigers Childcare Spare Room

The acquisition significantly boosts the global footprint of Kids Planet Day Nurseries, bringing their total number of operated centres to over 300.

From a Spare Room to a €75m Enterprise

The growth of Tigers Childcare is a case study in organic scaling. Founder Karen Clince started the business 23 years ago at the age of 21. At the time, Clince was working as a resource teacher in Glasnevin, Co Dublin, and launched the venture from a spare room in the school where she was employed.

Over more than two decades, Clince transitioned the business from a localized operation into one of Ireland’s leading childcare groups. Despite the sale, Clince and her executive team will remain in place to manage the Irish operations, ensuring continuity in leadership and a focused strategy for further domestic expansion.

Strategic Rationale: Funding for Acceleration

The decision to sell was driven by a need for rapid scaling rather than an exit strategy. According to Clince, the move was necessary to secure the capital required to grow more substantially within Ireland.

“This is not the end game,” Clince stated. “We needed to grow more quickly and substantially in Ireland and we needed to find a funder to help deliver that.”

The partnership with Kids Planet was based on a long-term professional relationship. Clince has known Kids Planet founder Clare Roberts for approximately five years, citing a strong alignment in business philosophy and a similar professional background. Clince noted that Roberts is someone she trusts and is “most aligned with” regarding the vision for the business.

About the Buyer: Kids Planet Day Nurseries

Founded in 2008 by Clare Roberts, Kids Planet was born out of Roberts’ own experiences as a young mother struggling to find flexible childcare. Since its inception, the company has grown into a UK powerhouse, now ranking as the second-largest provider in its home market.

About the Buyer: Kids Planet Day Nurseries
Tigers Childcare Clare Roberts

By acquiring Tigers Childcare, Kids Planet has successfully pivoted from a domestic provider to an international operator, leveraging its operational expertise to penetrate the Irish market.

Future Outlook

The retention of the existing executive team suggests that Kids Planet intends to utilize the local expertise of the Tigers Childcare leadership to navigate the Irish regulatory and economic landscape. With a substantial capital injection and the backing of a major UK group, the business is positioned for aggressive growth in the Irish childcare sector.

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