Exeter law firm makes a splash with Water Babies MBO

Browne Jacobson has advised Water Babies Group, the world’s largest baby & toddler swimming company, on a management buy-out (MBO) of the business.
Corporate law experts, alongside experts from the national firm’s banking team, advised management on the MBO. Momentum Corporate Finance acted as lead advisors. The deal was also supported by Coutts & Co.
Started in 2002, Water Babies delivers one of the world’s largest professional baby and toddler swimming programmes teaching over 41,000 clients a week through a network of 60 franchise outlets in four countries: UK, Ireland, Netherlands and New Zealand. The company also offers high resolution underwater baby and toddler photography.
The Browne Jacobson team included corporate finance partner Nigel Blackwell, assisted by Head of Banking Paul Ray, Vicky Gaskell (corporate) and Adriana Klincova (banking).
Corporate finance partner Nigel Blackwell said:
“We are delighted to have played a part in what was a significant reorganisation for the Group and one that will give the company’s management team greater freedom to achieve its goals and ambitions.”