Law firm advises on supply teaching agency sale
19th June 2014
LAW firm Ward Hadaway has advised on the sale of fast-growing supply teaching agency Vision for Education to the UK's leading player in teacher recruitment TES Global for an undisclosed sum.
Operating from nine offices across the North, Vision for Education has grown rapidly since its foundation in 2008.
It provides teaching staff to a wide range of schools, offering competitive rates to schools and to the teachers it recruits, and it has seen the number of teachers it places per week double over the past two years.
TES Global, formerly known as TSL Education, is the UK’s number one for teacher recruitment, advertising over 70,000 teaching jobs in the last 12 months alone.
Its online platforms host the largest network of teachers in the world with over 5.9 million teacher members in 197 countries across the globe.
Sean FitzGerald, Partner in the Corporate team at Ward Hadaway’s Manchester office, led the firm’s team advising Vision for Education on its sale to TES Global.
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, said: “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.”