Capita completes sale of recruitment businesses to Endless

Capita has completed the sale of its specialist recruitment businesses within education, social, care and health personnel to Endless, a specialist turnaround investor.

At the end of March, Recruiter reported that Capita had entered exclusive negotiations to sell Capita Specialist Recruitment for around £25m to Endless after the group announced it was streamlining following a “disappointing” performance in 2016. 

In a statement, Capita confirmed it had completed the sale to Endless, but remains committed to its remaining workplace services businesses including its public and private recruitment process outsourcing, executive search, vetting, employer branding agency and learning services businesses. 

The businesses sold include Monarch Education, CER, Quality Teachers, 4FRONT, Team24 and Medicare First.

In the same statement, Capita revealed the overall performance of its business is trading in line with expectations, while most of its major private and public sector contracts are continuing to perform well. The start of new contracts with mobilcom-debitel and Three UK have also gone smoothly.

• Want to comment on this story? Email us at recruiter.editorial@redactive.co.uk or tweet us below to tell us your thoughts. We will run comments online in a round-up at the end of the week.

Email story to a friend

Twitter Twitter

CONTRACTS & DEALS: 13-17 NOVEMBER 2017

This week’s contracts and deals include: ASC Connections, Bullhorn, FCSA, First Call Contract Services, Heart 2 HeartStaff Solutions, Hiring Hub, Larsen Howie, NPAworldwide, NRG, Randstad Germany, Workday

Contracts 13 November 2017
Kate Bleasdale, the founder of healthcare recruiter Healthcare Locums, has passed away.

HCL founder Kate Bleasdale dies

Kate Bleasdale, the founder of healthcare recruiter Healthcare Locums, has died.

13 November 2017

HCL founder Bleasdale dies

Kate Bleasdale, the founder of healthcare recruiter Healthcare Locums (HCL), has died.

People 9 November 2017

FINANCIALS: Kelly Services sees rise in revenue

Recruitment giant Kelly Services has seen revenue rise 6.5% year-on-year in the third quarter of 2017.

Financials 9 November 2017
Top