A SUPPLIER TO THE EDUCATION SECTOR

Turnover of £1.2m. Adjusted EBITDA of £108k. Pipeline currently valued at £200k. Provides a comprehensive range of essential materials, with its personalised, flexible service streamlining the purchasing process and providing beneficial discounts off the recommended retail cost. Supplies circa 475 schools, academies and colleges, including several multi-academy trusts, acting as an intermediary between its clients and suppliers. Approximately 95% of clients provide reliable, repeat business on an ongoing basis, with some relationships spanning over 13 years. Holds preferred supplier status with several multi-academy trusts and local councils. Strong second-tier management team in place. Operates from leasehold premises. An attractive bolt-on acquisition for other suppliers to the education industry. The shareholders are offering the company for sale as part of their retirement plans.
Offers invited.