Irish company Tigers Childcare has opened its first childcare centre today in south London after a €2m investment. 

The new 7,000 square foot facility in Elephant and Castle will cater for over 120 children. It will provide a combination of state-funded and private places for children aged four months to 12 years. 

Tigers Childcare has three centres in Ireland and caters for 1,250 children. 

Karen Clince, founder and managing director of Tigers Childcare, said the company wanted to provide something different to what is currently available in the UK market when it comes to quality and family experience. 

"From the design of the centre to staff qualifications we hope to set a new benchmark for childcare provision in the UK by applying to Elephant Park the same practices, procedures and ethos underpinning our success in Ireland," Ms Clince said. 

The new childcare centre is part of Elephant Park, a £2.5 billion urban regeneration project between Lendlease and the London Borough of Southwark in south London. 

Around 3,000 new homes as well as new restaurants, shops and a new park are being delivered at the 28-acre development.

Last month the company secured an investment of €5m from Dunport Capital to help roll out its expansion plans in Ireland and the UK.