West Midlands-based, award-winning education recruitment agency, TeacherActive, is excited to announce a partnership with Pricoa Private Capital (“Pricoa”), securing investment to facilitate business growth and allowing ownership realignment across the company’s management team.
Led by CEO Robin Browett, TeacherActive has grown successfully over many years, supporting thousands of educators with temporary and permanent placements in local settings. Due to the great support from the internal team, candidates and clients, and the harmonious relationships which have been developed, they can supply its expertise in education across England and Wales, providing excellence in learning and care outcomes for both children and adults.
The investment from Pricoa allows for future growth through organic methods and acquisition, supporting the company to expand on its delivery of outstanding learning experiences.
TeacherActive is one of the largest education recruitment agencies in the UK, operating across England and Wales from the Birmingham Head Office, with 15 local branches and a 6% share of the education recruitment market. Covering mainstream education, special education needs, residential care, nursery and early years, and further education, TeacherActive supplies staffing and bespoke support solutions to over 3,600 schools and education/care settings. With a people-centric approach, TeacherActive innovates within the sector by providing free training content to candidates via My-Progression, a YouTube channel created to improve the education and support experience for both candidates and the people they interact with.
The business has over 200 members of staff covering sales, a dedicated compliance department, learning & development, and other support services. All staff are championed by a Diversity & Inclusion committee, Empower who facilitate events, workshops and policy changes to further improve internal staff’s working environment.
Robin Browett, CEO of TeacherActive said: “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. 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. Robin and the team do business the right way, and value all stakeholders and we are excited to partner with them.”
TeacherActive would like to thank and recognise the hard work of lead advisors Clearwater International, legal representatives Gateley Legal (for TeacherActive), KPMG for financial due diligence, RSM UK for tax advice, Grant Thornton for commercial due diligence, Global Counsel for political due diligence, and Akin Gump Strauss Hauer & Feld (for Pricoa) for their support with the partnership. TeacherActive would also like to thank TOSCA Debt Capital for their support since 2018, especially during the COVID-19 pandemic.