Fast-growing supply teaching agency Vision for Education has been sold to TES Global, the UK’s leading player in teacher recruitment, in a deal initiated by Clearwater International.
Vision for Education has grown rapidly since its foundation in 2008 and now operates nine offices across the North of England. The business provides teaching staff to a wide range of schools, offering competitive rates to schools and to the teachers it recruits, and it has seen the number of teachers it places per week double over the past two years.
TES Global, formally TSL Education, is the largest network of teachers in the world and the UK’s leading player in teacher recruitment. This transaction is the first step in TES Global’s strategy to grow its recruitment business beyond the permanent hiring solutions marketplace into an adjacent segment. By leveraging the company’s deep experience in education recruitment, its unparalleled network of teachers and online teaching resources, TES Global believes that the acquisition of Vision For Education will have a transformative effect on the supply industry, which is currently highly localised and relationship driven.
Clearwater International facilitated an introduction between the two companies.
Michael Reeves, CEO at Clearwater International, commented: “The acquisition of Vision is an exciting strategic move for TES and gives them a high quality platform in the education recruitment market. We identified Vision as a strong cultural fit with TES and are delighted that our introduction led to a successful transaction.”
Darren McLaney, Chief Executive at Vision for Education, said: “Clearwater International has a deep and thorough knowledge of the recruitment industry space, and their involvement in the identification of TES Global was a great example of putting this knowledge into practice. When looking for a partner to help support the growth of Vision for Education into the nation’s most recognised, highest quality provider of supply teachers and support staff, we were determined to find a company that shares our core values. With TES, we have the profession’s most admired brand.”