BDO provided due diligence to Santander in respect of its lending to Happy Days Nurseries in order to fund the opening of new sites.
Happy Days, a nursery operator which is backed by Livingbridge funds, currently operates 18 nurseries across the South-West and has plans for significant growth.
BDO was selected to carry out due diligence based on its extensive expertise in the childcare sector.
"BDO produced a high quality report that demonstrated their sector expertise. They worked collaboratively with us to ensure a successful completion of the transaction."
Ian Sanders, Finance Director, Happy Days Nurseries