Growth capital investor BGF has committed a further £5 million to support Operam Education Group’s buy-and-build growth strategy.
Operam Education Group, an education recruitment agency in the North of England, has received a further £2.5 million from BGF, alongside £2.5 million of senior debt from HSBC, to support the acquisition of West Midlands-based, First for Education.
First for Education is Operam’s first acquisition since the pandemic begun and signals the start of an exciting growth phase for the business as it looks to grow its footprint and service offering. An additional £2.5 million of equity funding has been committed to support future acquisitions which will take BGF’s total investment in Operam to £9.5 million.
