Contracts/Deals: Capita buys Team24
Public sector recruiter The Capita Group has acquired healthcare recruiter Team24 for a consideration, on a cash free debt free basis, of £24m, plus up to a further £2m depending on Team24’s profi
Public sector recruiter The Capita Group has acquired healthcare recruiter Team24 for a consideration, on a cash free debt free basis, of £24m, plus up to a further £2m depending on Team24’s profit performance in the year to 31 March 2012.
Team24 has 80 staff and around 4,000 doctors and nurses registered on its books. Clients include the NHS, prisons, doctors’ surgeries and private practices. It also operates under a number of framework agreements, including the London Regional Nursing Framework (LRANF).
Capita Group CEO Paul Pindar says: “Healthcare resourcing is a growth market with demand for doctors and nurses increasing in-line with the ageing population and Government’s focus on primary care, increased opening hours for GP surgeries and new services through NHS Direct. This acquisition will allow Capita to provide services to this growing market and complements a number of other services we offer to the public and private healthcare sectors.”
Elsewhere, Capita Group has acquired Call Centre Technology (CCT) for a consideration of £15m.
CCT provides voice telephony, applications and services for customer contact centres.
