Impellam acquires Career Teachers

Impellam, the outsourcing and staffing specialist, has acquired the entire issued share capital of Career Teachers, the specialist education recruitment business.
Fri, 7 Mar 2014
Impellam, the outsourcing and staffing specialist, has acquired the entire issued share capital of Career Teachers, the specialist education recruitment business.

Career teachers has been acquired for a total of £22.3m, comprising an initial cash consideration of £19.1m, a deferred cash consideration of £1.5m and the issue by Impellam of £1.7m in loan notes – a deferred form of payment.

Founded in 2004, Career Teachers sources short- and long-term teaching staff from the UK and internationally, placing them in positions with over 450 primary and secondary schools across London and the surrounding boroughs.

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