Ann Education is funded by Patrick Lou, who is from China and has a banking and finance background, along with a private investor.
Alongside expansion in the UK, Ann Education is looking into how to take its education and care model to China.
The childcare operator is planning on further expansion and has appointed David Hancock as chief executive to help build on the acquisition. Mr Hancock brings 14 years of experience in the sector to the role.
He was previously managing director of Treetops Nurseries, a large group predominantly in the east and south-east of England, which was bought by Busy Bees in 2017. Most recently he was chief executive of Little Garden Day Nurseries where he was responsible for the successful turnaround and sale of the four London-based nurseries to an investment company last year.
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