Education recruitment agency eyes expansion after securing investment

A Birmingham-based education recruitment agency has received investment from Pricoa Private Capital.

TeacherActive has regional offices across England and Wales and delivers recruitment services to support learning experiences, with services covering primary, secondary, early Years, FE, and SEND.

Pricoa provided funding to refinance debt and recapitalise shareholders, while giving incentives and ownership to many employees, meaning the TeacherActive management team continues to own a majority of the business.

Robin Browett, CEO of TeacherActive: “As a management team, we see a significant opportunity to expand our offering and geographic reach, whilst remaining focused on the service of our existing clients and candidate community. We are thrilled that Pricoa shares our vision for the market, and we look forward to executing our plans and working with Ed and his team, who have shown excellent knowledge, pragmatism, and integrity through the process”.

Ed Barker, senior vice president and head of the Midlands at Pricoa Private Capital: “TeacherActive, in conjunction with its stakeholders, strives to place great teachers into education settings on a temporary or permanent basis and enables teacher development in the process. Through our initial funding and follow-on capabilities, we hope to build on those core aims. Robin and the team do business the right way, and value all stakeholders and we are excited to partner with them”.

Clearwater International provided an integrated M&A and debt advisory service to support the transaction.