The chief executive of a nursery group has led a management buy-out which has seen it exit administration and unlock £1m of new investment.
Adam Sage, who joined MiChild in August 2020, has restructured the company’s lending facilities and is to use the new funds for a number of refurbishment schemes at its nurseries, as well as supporting the development of staff.
Founded in 2019, MiChild operates 16 children’s nurseries and preschools in Greater Manchester, Cheshire and Lancashire.
