Member Article
Supply teaching agency sold to educational recruiters
A northern supply teaching agency, which operates offices in the North East, has been sold to teacher recruitment firm TES Global for an undisclosed sum.
Vision for Education, which has offices in Newcastle, Durham and Middlesbrough, has been acquired as part of TES’s strategy to diversify beyond permanent recruitment services.
It has seen the number of teachers it places per week double over the past two years as state sector spend on supply teaching has reached nearly £900 million per year in the UK.
The deal was lead by Sean FitzGerald, a partner in the Corporate team at law firm Ward Hadaway’s Manchester office.
Sean said: “We are delighted to have assisted Vision for Education on its sale to the leading player in the UK education recruitment sector.
“The management team at Vision for Education have been highly successful in growing the agency, which provides a valuable service to schools right across the North.”
Darren McLaney, CEO of Vision for Education, said: “Sean and his team performed exceptionally well in providing timely, focused and clear advice on what is a significant move for the business.
“When looking for a partner to help support the growth of Vision For Education into the nation’s most recognised, highest quality provider of supply teachers and support staff, we were determined to find a company that shares our core values. With TES, we have the profession’s most admired brand.”
Louise Rogers, CEO of TES Global, added: “When we first met Vision For Education, we knew we had found the perfect partner.
“The Vision team is determined to transform the UK supply industry by raising the status of supply teachers, and ensuring that both teachers and schools alike get a better deal and better results from both long and short-term supply placements. We at TES are honoured to join them in that mission.”
This was posted in Bdaily's Members' News section by Tom Keighley .
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