Clyde & Co advises Babilou Group on the acquisition of Bright Kids Nurseries in the UAE
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Communiqués de presse 16 mars 2022 16 mars 2022
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Moyen-Orient
Clyde & Co has advised Babilou Group on the acquisition of Bright Kids Nurseries in the UAE.
Clyde & Co acted as lead counsel to Babilou Group on all aspects of the acquisition, including carrying out a legal due diligence exercise, drafting and negotiating a business and asset purchase agreement and other related transaction documents, as well as assisting with completion and post-completion matters. Clyde & Co has previously advised Babilou Group on a number of acquisitions in the UAE.
Headquartered in France, Babilou Group is a global provider of early years education with private childcare operations across 12 countries. The company started its journey in the Middle East in 2014 and currently operates 23 nurseries across the UAE. Bright Kids Nurseries is an early learning group with 6 branches in the UAE.
The Clyde & Co team was led by corporate partner, Naji Hawayek assisted by Nisha Johar, Ghalya Rashid Ali and Aliaa Ibrahim, with additional specialist support from real estate partner, Peter Greatrex.
Clyde & Co has a top tier Corporate/M&A team in the UAE and is one of the few law firms in the Middle East with a dedicated education team capable of creating and executing education deals. The firm's global education practice spans its network of more than 50 offices worldwide and provides commercial and pragmatic advice to education sector clients on all aspects of their business, including in relation to investments, structuring, M&A, regulatory and strategic matters.
Clyde & Co has the largest presence and is one of most experienced international law firms in the Middle East with over 40 partners and 300 staff, based full time in Abu Dhabi and Dubai in the UAE, Doha in Qatar, and Riyadh in Saudi Arabia. The firm supports international investors and local organisations throughout the wider region with a full-service offering of local specialists across most business sectors and areas of law, including commercial, corporate, dispute resolution, employment, intellectual property, international arbitration, finance & banking, insurance, projects & construction, real estate, regulatory & investigations, and technology.
Fin