The original co-founder and majority investor Jonathan Jay has left the business.
The group was started in 2019 by Jay, and Linda Cuddy – who was previously a nursery operator – and was also a shareholder.
Cuddy is staying on to lead the running of the group.
The private individual who now owns Welcome Nurseries has not been named.
The group grew rapidly to more than 50 nurseries in under three years, but currently has 48 settings.
Welcome Nurseries is unusual in that it expanded rapidly during the pandemic, buying nursery businesses in often deprived areas that could otherwise have faced closure.
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