First For Education, a West Midlands based education recruitment agency, has been acquired by Operam Education Group, supported by funding from BGF and HSBC.
Operam Education Group is a specialist provider of qualified and support staff to schools across the Midlands and North of England. The transaction follows the acquisitions of Provide Education, The Education Specialists, Teachers UK and Key Stage Teacher Supply, and further strengthens Operam’s presence in key regional markets as it looks to establish itself as the leading independent education recruitment agency in the North.
Following its original investment in February 2019, BGF has committed further funding to support the acquisition of First for Education as it continues to back management’s buy-and-build strategy, whilst HSBC has also extended senior debt facilities to help finance the deal.
Greg and Sheryl Dickens, Founders and Directors of First for Education, will be remaining with the business. Both commented: “This is such an exciting time for FFE, our staff, our clients and our candidates. Operam Education Group represents an excellent cultural fit for our business and we look forward to continuing to provide a first class service to our schools throughout the region.
Eddie Austin, CEO of Operam, said: “This is a very exciting time for Operam as we welcome another business into our rapidly growing group. First For Education is a real industry specialist, with an excellent track record and reputation in the West Midlands. Its footprint in the region will further build on our presence in the Midlands and on our vision of creating a ‘Northern Powerhouse’ in education recruitment.
In order to support the group’s organic growth plans it also recently launched Operam Education Tutoring and Operam Education Leadership Recruitment. Both of these will continue to scale our service offering across all group companies and support educational establishments nationwide.