Nido Education Expands Network with $9.1 Million Acquisition of Four Childcare Centres

Nido Education Limited ( (AU:NDO) ) has issued an update.

Nido Education Limited, a national operator of long day early childhood education and care services under the Nido Early School brand, continues to expand its presence across Australia. Established in 2021, the company targets families seeking structured early learning and childcare solutions in key regional and metropolitan markets.

The company has completed the $9.1 million acquisition of four childcare services from its incubators, adding 348 places across sites in South Australia and Western Australia, with an estimated annualised pre-AASB16 EBITDA of $1.9 million. Management notes that while demand conditions in the sector remain challenging, Nido is maintaining a disciplined approach to new site selection and is actively pursuing selective acquisitions beyond its greenfields pipeline, signalling a strategy focused on quality growth and alignment with its long-term operating model.

The most recent analyst rating on (AU:NDO) stock is a Buy with a A$0.67 price target. To see the full list of analyst forecasts on Nido Education Limited stock, see the AU:NDO Stock Forecast page.

More about Nido Education Limited

Nido Education Limited is a national owner, operator and manager of long day early childhood education and care services in Australia, trading under the Nido Early School brand. Founded in 2021, the company focuses on providing early learning offerings across multiple states, positioning itself within the formal childcare and early education sector.

Average Trading Volume: 136,900

Technical Sentiment Signal: Sell

Current Market Cap: A$81.69M

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