Interserve buys training company for £17.5m

Grant Prior 4 years ago
Share

Interserve has paid £17.5m for a training company which helps the unemployed find work across Yorkshire.

Adrian-Ringrose-small

The acquisition of Business Employment Services Training Limited (BEST) strengthens the company’s presence in the public sector market.

BEST has a turnover of £17m generating operating profit of £3m.,

Adrian Ringrose, Chief Executive of Interserve, said: “The acquisition of BEST reflects our strategy of developing as a top-tier public services provider, delivering front-line services.

“It builds on our existing relationships with both the Department for Work and Pensions and the community in Leeds and the surrounding area, provides a foundation for offering more broadly-based community services and enhances our role in training and skills development.”

Latest news

Horrifying New York crane collapse caught on video

Crane boom kills one and injures three in lower Manhattan street
5 hours ago

Balfour Beatty payment row over £121m Greenwich hotel

Dispute rages over late delivery of 18-storey hotel next to the O2 on Greenwich Peninsula in London
1 day ago

Alarm raised as motorists drive through M11 roadworks

Highways England issues plea after drivers ignore closure notices
1 day ago

Project delays see Skanska UK margins slip to 2.7%

Construction and development profits stable at £38m as turnover rises 12% to £1.43bn
1 day ago

Go-ahead for £130m Oxford Brookes University revamp

Turner & Townsend is the project manager for the Headington Campus upgrade
1 day ago

Willmott Dixon HS2 college gets planning green light

Willmott Dixon on track to start construction in April
1 day ago

Lighthouse Club challenges industry to raise £1.5m

Funds will be spent on whole range of safety and training initiatives: SIgn up here
1 day ago

Bouygues to start £40m Cheltenham student village

£40m Government guarantee is the first given to a privately-financed university accommodation project
2 days ago

Window firm put West End shoppers at risk

Work stopped after concerned member of the public takes shock photos
2 days ago

Midlands building contractor Denman goes under

Melton Mowbray building contractor began trading in 1880
2 days ago

Betting Spy: Cunning Foxes to score against City

Goals on the cards at the Etihad but Spurs and Swansea looks a safer double
2 days ago

Bouygues walks away from £65m Great Ormond Street job

Contractor quits job months into work on site after failing to agree final price
2 days ago

Opinion: Is the London luxury resi boom over?

Contractors becoming wary of pricing-up jobs in over-heated market
2 days ago

TfL picks partners to develop £3.6bn of property assets

Balfour Beatty, Berkeley, Canary Wharf Group among 13 development partners
3 days ago

Trio win Birmingham housing repairs deal

Keepmoat, Wates and Willmott Dixon sign new-style housing maintenance deals
2 days ago


World’s largest wind farm to be built off Yorkshire coast

Dong Energy inks final investment decision to create 2,000 construction jobs
3 days ago

Mace submits plan for Oxford shopping centre revamp

Revised plan lodged for West Way shopping precinct in Botley
2 days ago

Fire door warning following fatal tower block blaze

Lewisham Homes fined £40,000 for failing to maintain fire doors
2 days ago

Fraudsters set up web of 15 phantom construction firms

Bogus companies claimed £50m in turnover to dupe innocent suppliers
3 days ago

Caswell Surveyors changes name to Green Shield Environmental

Rebranding follows failure of former parent company Caswell Environmental Services
3 days ago