CORE Education & Technologies Ltd., (CORE) [BSE: 512199] a leading global player in delivering and managing Education Solutions, recently announced its acquisition of ITN Mark Education Ltd., an UK based Education Solutions company which is a national provider of supply teachers and teaching assistants. CORE acquired ITN Mark for about US$ 25 million, through its subsidiary CORE Education and Consulting Solutions (UK) Ltd.
Original Title
CORE Education acquires US$ 35 million UK based education firm
CORE Education & Technologies Ltd., (CORE) [BSE: 512199] a leading global player in delivering and managing Education Solutions, recently announced its acquisition of ITN Mark Education Ltd., an UK based Education Solutions company which is a national provider of supply teachers and teaching assistants. CORE acquired ITN Mark for about US$ 25 million, through its subsidiary CORE Education and Consulting Solutions (UK) Ltd.
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CORE Education & Technologies Ltd., (CORE) [BSE: 512199] a leading global player in delivering and managing Education Solutions, recently announced its acquisition of ITN Mark Education Ltd., an UK based Education Solutions company which is a national provider of supply teachers and teaching assistants. CORE acquired ITN Mark for about US$ 25 million, through its subsidiary CORE Education and Consulting Solutions (UK) Ltd.
Copyright:
Attribution Non-Commercial (BY-NC)
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Download as DOCX, PDF, TXT or read online from Scribd
CCkL ro[ects acqu|res US5 3S m||||on Uk based educat|on f|rm
O l1n Mark ls one of Lhe largesL flrms ln uk's 430 mllllon pound Leacher placemenL segmenL wlLh a 3 markeL share O sLabllshes CC8 as a naLlonal player ln Lhe educaLlon secLor ln uk and also complemenLs lLs Leacher capaclLy bulldlng lnlLlaLlves ln oLher markeLs llke lndla and uS ,U, ,ay 24 2011 CCkL ro[ects 1echno|og|es Ltd (CC8% 8S 312199 a leadlng global player ln dellverlng and managlng ducaLlon SoluLlons Loday announced lLs acqulslLlon of l1n Mark ducaLlon LLd an uk based ducaLlon SoluLlons company whlch ls a naLlonal provlder of supply Leachers and Leachlng asslsLanLs CC8 acqulred l1n Mark for abouL uS$ 23 mllllon Lhrough lLs subsldlary Core ducaLlon and ConsulLlng SoluLlons (uk% LLd
l1n Mark has a Lopllne of uSu 3333 mllllon and currenL 8l1 marglns are around 12 percenL Cn Lhls developmenL Lhe Chalrman Clobal CC of CC8 Croup Mr San[eev MansoLra sald lL ls a momenL of prlde for us l1n Mark conLrlbuLes Lowards Lhe ulLlmaLe goal of maklng Leachlng globally compeLlLlve ln each and every secLor l1n ls already focused on lmparLlng lndusLry relevanL Lralnlng Lo Lhe Leachers We are sure wlLh Lhls acqulslLlon CC8 wlll scale new peaks ln lLs mlsslon Lo Lake educaLlon Lo lLs nexL dlmenslon" l1n Mark was acqulred from Cchre Pouse LlmlLed Lhe recrulLmenL ouLsourclng and LalenL managemenL buslness backed by n8Cl rlvaLe qulLy l1n Mark ls one of Lhe leadlng provlders of supply Leachers and Leachlng asslsLanLs ln ngland Wales Lo prlmary and secondary schools lL also provldes educaLlonal consulLlng servlces Lo academles and local auLhorlLles lL ls 8Lh largesL ln slze wlLh a 3 markeL share of a LoLal markeL of 430 mllllon pounds (supply Leachers and Leachlng asslsLanL buslness% l1n Mark also has a speclallzed ducaLlonal ConsulLancy Servlces dlvlslon LhaL works wlLh larger cllenL groups such as educaLlon auLhorlLles school clusLers academles prlvaLe secLor educaLlon provlders and a range of oLher educaLlonal lnsLlLuLes/bodles Mr MansoLra added furLher 1hls acqulslLlon wlll allow Core ro[ecLs Lo enLer Lhe supply Leachers and Leachlng asslsLanLs buslness ln Lhe markeLs such as Lhe uS where CC8 already has a slgnlflcanL presence and relaLlonshlps wlLh some of Lhe largesL schools sysLems SlgnlflcanLly l1n Mark comes wlLh a cusLomer base of 1600 schools enabllng our exlsLlng uk and uSA buslness unlLs Lo cross sell Lhelr producLs lnLo Lhese schools 1hls synergy wlll poslLlvely lmpacL Lhe overall proflLablllLy of Lhe comblned buslnesses" Mr rakash CupLa ulrecLor of Core ducaLlon and ConsulLlng SoluLlons (uk% LLd sald 1he lncluslon of Lhese buslnesses lnLo Lhe CC8 famlly wlll esLabllsh CC8 as a naLlonal player ln Lhe educaLlon secLor ln Lhe uk wlLh 14 offlces a sLrong managemenL Leam and a large naLlonal
sales Leam allowlng CC8 Lo cross sell lLs educaLlon producLs and servlces Lo exlsLlng cllenLs (1600 schools% of Lhls newly acqulred company wlLh 3 markeL share ln ngland and Wales"
bout CCkL ro[ects 1echno|og|es Ltd CC8 ro[ecLs 1echnologles LlmlLed ls an lndlan mulLlnaLlonal ln Lhe educaLlon space wlLh operaLlons ln Lhe uS Lhe uk Lhe Carlbbean Afrlca and lndla Core ro[ecLs ls an lnLegraLed producLs soluLlons and servlce provlder ln educaLlon Cores offerlngs cover compllance assessmenL lC1 conLenL Leacher Lralnlng vocaLlonal Lralnlng examlnaLlon managemenL sysLem language skllls and has globally lmpacLed more Lhan 76000 schools 28 mllllon sLudenLs and Lralned over 100000 Leachers nlne sLaLe CovernmenLs ln lndla nlneLeen sLaLe CovernmenLs ln uSA over 40 Local ducaLlonal AuLhorlLles ln uk and elghL Afrlcan counLrles work wlLh CC8 ro[ecLs for educaLlon pro[ecLs and consulLancy servlces bout 1N ,ark Lducat|on Ltd sLabllshed ln Lhe laLe 1990s l1n Mark ducaLlon provldes supply Leachers and Leachlng asslsLanLs Lo schools and nurserles ln ngland and Wales 1he Company maLches schools looklng Lo cover sLaff absences wlLh educaLlon professlonals l1n Mark whlch ls head quarLered ln ManchesLer has approxlmaLely 3600 Leachers and 1300 Leachlng asslsLanLs veLLed and avallable for work and currenLly servlces around 1600 schools As well as Leachlng asslsLanLs Lhe Company provldes laboraLory Lechnlclans coaches and oLher experlenced classroom sLaff wlLhouL formal professlonal quallflcaLlons 1he buslness operaLes from 16 locaLlons ln Lhe uk and holds Lhe ueparLmenL for ducaLlon CuallLy Mark
l1n Mark also have a speclallsL ducaLlonal ConsulLancy Servlces dlvlslon LhaL works wlLh larger cllenL groups such as educaLlon auLhorlLles school clusLers academles prlvaLe secLor educaLlon provlders and a range of oLher educaLlonal lnsLlLuLes/bodles supporLlng ueparLmenL of ducaLlon and CfsLed lnlLlaLlves and sLraLegy changes 1helr dedlcaLed and experlenced educaLlonal speclallsLs come from educaLlon leadershlp backgrounds and have a hlsLory of worklng wlLh cllenLs Lo offer susLalnable and robusL soluLlons ln accordance wlLh naLlonal SLraLegy recommendaLlons WheLher worklng wlLh school clusLers school leadershlp or on a oneLoone basls l1n Mark's speclallsLs supporL areas ln educaLlon Lo achleve a common goal lmproved resulLs and ouLcomes ln order Lo lmprove every chlld's learnlng experlence As ploneers l1n Mark ls conLlnuously developlng Lhelr servlces and bespoke parLnershlps LhaL expand Lhelr offerlng ln Lhe broader educaLlon markeL 1hey recenLly won Lhe award for '8esL ubllc SecLor 8ecrulLmenL Agency' aL Lhe presLlglous 8ecrulLer Awards for xcellence 2011 Wlnnlng Lhls esLeemed award formally recognlzes Lhelr dedlcaLlon Lo belng a Lruly relaLlonshlp and quallLy drlven Leam and Lhelr conLlnuous commlLmenL Lo achlevlng and malnLalnlng Lhe hlghesL sLandards ln recrulLmenL pracLlce
Ior further deta||s p|ease contact kamkumar Uppara | Concept k | Ce|| 98201 77907 | ramQconceptprcom Vandana athak | Concept k | Ce|| 98199 S796S | VandanaQconceptprcom