KBL Solicitors is pleased to have supported the North family as Rascals Party & Play Centre in Preston begins an exciting new chapter, joining international leisure group 24 Indoor, which operates in the UK under the “Monkey Town” brand.

Built from the ground up by the North family 17 years ago, Rascals has long been a much-loved part of the local community. With its popular soft play areas, themed party rooms, café and varied events programme, it has earned a reputation as one of the region’s leading family destinations.

The involvement of 24 Indoor signals a fantastic opportunity for Rascals to build on its strong foundations and continue to grow, while remaining true to the family-friendly ethos that has underpinned its success. The North family are pleased to see the business move into this next phase with the support of a well-established operator in the sector.

Damian North commented “It has been a pleasure working with Greg and Olivia at KBL and Jimmy at Pierce. It is very daunting entering into an unknown, long process such as the sale of your family business, but Greg, Olivia and Jimmy were first class, explaining and advising throughout. We are extremely grateful for their expertise and professionalism during the whole business sale process.”

Greg Gardner-Boyes, Corporate Partner at KBL Solicitors led the legal team advising on the transaction. He commented “It has been a pleasure to work with Damian and the North family on this transaction. Rascals is a brilliant example of a thriving, community-orientated business and we are proud to have supported them through this transaction together with the team at Pierce.”

KBL worked alongside Pierce Corporate Finance, who acted as lead advisers to the sellers and Robin Oatridge & Co, who provided accountancy support.

24 Indoor was advised by Hawsons Corporate Finance, with legal support from MD Law.