Mon, 18 Dec 2023 | BUSINESS SALE
Operam Education Group, an education recruitment specialist backed by BGF and HSBC, has made its first acquisition in the further education (FE) market with a deal for Nottingham-based Provision Recruitment.
Provision Recruitment was founded in 2004 and has since established a solid reputation within the FE market, helping colleges to recruit lecturers. The deal is Operam’s third acquisition in the Midlands, following its takeovers of Teachers UK and First For Education.
As well as strengthening its geographical footprint, the acquisition enables Operam to expand into the UK’s FE sector, adding to its existing expertise in primary, secondary, SEND (Special Educational Needs and Disability) and tutoring recruitment.
Eddie Austin, Chief Executive of Operam, commented: "Traditionally, the business has focused on mainstream and SEND education, as part our buy-and-build growth ambitions. This is our first acquisition in the further education sector which enables us to broaden our reach, both from a geographical and sector perspective, integrating a well-established businesses into the group that has real potential to scale across different locations in the UK.”
"This latest acquisition is hugely complementary to our existing suite of services and means we now have the ability to support those in education right from primary school settings through to further education."
Operam’s buy-and-build growth strategy was boosted last year when BGF committed a further £2.5 million of follow-on funding, alongside £2.5 million of senior debt from HSBC.
BGF investor Rob Johnson said that Provision Recruitment was “another exciting addition to the Operam portfolio” and would “further diversify both our service offering and client base”.
Johnson added: “We look forward to welcoming Provision into the group, as we continue to cement Operam's position as one of the leading education recruitment services providers in the UK."
Find out more about M&A trends in the UK's recruitment sector
This is a thriving, well-established high street solicitor’s practice, located in a young up-and-coming South West London borough. The practice is located on a prosperous high street, a stone throw away from bars, restaurants and local amenities. The...
The Practice was established by the two present Partners in 1983. The Partners wish to retire although they are prepared to discuss individually proposals to continue working for an agreed time after disposal to assist with the transfer of the goodwi...
This Practice is situated virtually in the centre of this market town which has a population of around 17,500 and is on the main line rail network which connects through Plymouth, Exeter, Taunton and Bristol to Reading and London. This is a practice...
The business and assets of eyewear and optician chain Ollie ...
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
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.