Corporate Finance Deal Announcement: Sale of Simply Education
MHA MacIntyre Hudson Corporate Finance is delighted to announce that our award-winning team has advised the owners of Simply Education on the sale of the company to the McGinley Group.
McGinley Group, which offers services to a number of sectors from recruitment to project based solutions, has acquired Simply Education, a recruitment agency for teaching staff.
Simply Education, which has been sold by Adam and Victoria Shulman, provides teaching staff with temporary and permanent work in local schools and nurseries across the UK. It operates through regional offices managed by locally based teams. Covering fourteen different counties, its dedicated consultants are available 365 days a year to provide industry knowledge to schools and teaching staff.
McGinley Group, led by founder and managing director, Colm McGinley, is a provider of skilled, qualified and professional personnel via temporary and/or contract assignments, permanent placements and project-based solutions. The group operates both in the UK and internationally. Over the past nine years, it has successfully developed bespoke service offerings within a number of markets, including aviation & aerospace, construction engineering & property, education and Healthcare. This is delivered by its eight operating companies. The Group has won a number of awards, including Sunday Times ‘Best 100 Companies to Work For’ 2017 and The LDC Top 50 Most Ambitious Business Leaders in 2018.
The purchase of Simply Education will help accelerate McGinley’s growth in the education market, providing additional geographical presence and market penetration. It will also help its directors achieve the wider five-year plan in place for the group, strengthening a market sector that is currently reasonably small in relation to other market sectors within which the group operates.
Commenting on the transaction, vendor Victoria Shulman said:
“Thanks for all your support during the process. We are so pleased that the deal has finally completed.”
Our Corporate Finance Partner, Laurence Whitehead added:
“My team are delighted to have advised Adam and Victoria on this deal. Special thanks to Craig Chamberlain and Matt Burns in particular in my team for all their hard work. Having developed the business from scratch a number of years ago, Adam and Victoria have grown it into a profitable and highly valued organisation, with a great reputation in the sector. The fit with McGinley Group appears a good one and we wish them, and also Colm, every success in the future.”
To find out more about both organisations, visit their websites:
How can we help
If you would like to know more about this deal or how we can assist you, your clients or your contacts on corporate finance or strategic planning matters, then call us 01908 662255 or email firstname.lastname@example.org to arrange an initial no-obligation meeting.