$9.1 million acquisition of 4 child care services
Released
Released
Announcement PDF
ASX Announcement - Nido Education Limited ABN 12 650 967 703
ASX Announcement
ASX Code: NDO
$9.1 million acquisition of 4 child care services
27 April 2026
Nido Education Limited ACN 650 967 703 (ASX: NDO) (Nido or Company)
is pleased to announce the completion of the acquisition of four services
from its incubators as previously announced on 25 February 2026.
Service Performance Metrics of 4 services
Acquisition investment $9.1 million
Estimated annualised EBITDA (pre-AASB16) $1.9 million
Average Daily Fee $197
Total Places 348
Average weeks open 140 weeks
Locations One in South Australia
Three in Western Australia
Incubation and acquisition pipeline
While the sector remains challenging from a demand perspective, new
services continue to open in line with expectations. The availability of quality
sites remains strong, and we are maintaining a disciplined approach to
selection, with a clear focus on long-term performance.
Acquisition of services outside greenfields incubation
We are actively assessing acquisition opportunities outside of our
greenfields incubation pipeline, with due diligence underway on a number of
assets. While we expect to complete select acquisitions, we will only
proceed where opportunities meet Nido’s commercial and performance
requirements while supporting quality outcomes for children and families.
Any opportunities progressed will be carefully evaluated to ensure strong
alignment with Nido’s operating model, long-term strategy, and our
commitment to quality growth in children and families.
ASX Announcement - Nido Education Limited ABN 12 650 967 703 2
-Ends-
This ASX announcement was authorised for release by the Board of Nido Education
Limited.
Investor & Media enquiries
Adam Lai
Chief Executive Officer and Director
P: 02 9712 7444
E: ir@nido.edu.au
About Nido
Founded in 2021, Nido Education Limited is a national owner, operator and manager of
long day early childhood education and care services, operating under the Nido Early
School brand. Visit: www.nido.edu.au
Stay connected with Nido by joining our Investor Hub where you will
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and can engage with our interactive Q&A feature. Scan the QR code or
visit here to sign up: https://nidoeducation.edu.au/s/3307cc.
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