Tue, 19 Mar 2024 | BUSINESS NEWS
TeacherActive, an education recruitment agency based in the West Midlands, has secured investment from Pricoa Private Capital to finance the next stage of its growth. The investment will enable the company to target both organic and acquisitive growth.
TeacherActive supplies staffing and bespoke support services to over 3,600 schools and education/care settings. The company, which had previously been supported by TOSCA Debt Capital since 2018, has 15 branches and employs more than 200 staff.
The company is led by Chief Executive Robin Browett and supports thousands of UK educators, providing both temporary and permanent placements.
After the investment was announced, Browett commented: "As a management team we see significant opportunity to expand our offering and geographic reach, whilst remaining focused on the service of our existing client and candidate community.”
"We are thrilled that Pricoa shares our vision for the market, and we look forward to executing our plans and working with Ed and his team, who have shown excellent knowledge, pragmatism and integrity through the process."
Ed Barker, senior vice president and head of Pricoa's Midlands business, said: "We are delighted to be partnering with the TeacherActive team. Pricoa provides flexible capital solutions to meet the requirements of businesses and management teams and our strategy encompasses relationship-based investments in stable companies and solid markets.”
He continued: "TeacherActive, in conjunction with its stakeholders, strives to place great teachers into education settings on a temporary or permanent basis and enables teacher development in the process. Through our initial funding and follow-on capabilities, we hope to build on those core aims.”
Find out more about M&A trends shaping the UK's recruitment sector
In a market where financing conditions are increasingly tight, business owners seeking to grow through acquisitions may need to explore alternative options in order to gain the necessary funding for their M&A plans
The successful purchaser will acquire a fast-growing, leading independent recruitment agency, providing temporary, fixed-term contract, an permanent positions and solutions across various sectors nationwide.
Our client is a highly-regarded, profitable and cash generative provider of driver plus bus and mini coach services in South West Wales.
This is a superb opportunity to purchase a reputable solidly established entertainment staffing business based in Leeds, West Yorkshire, available on a fully relocatable basis. The business operates as a successful company whose team of fully trained...
17
|
May
|
Focus Group continues acquisitive growth with telecoms deal | BUSINESS SALE
Business communications provider Focus Group has continued i...
17
|
May
|
Foresight-backed lab services group acquires sample storage specialist | BUSINESS SALE
Biofortuna, a laboratory services group backed by SME invest...
17
|
May
|
Brown & Brown acquires two insurance brokers | BUSINESS SALE
Brown & Brown (Europe) has continued its acquisitive activit...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.