Deal Card: Teaching Personnel
The BDO Birmingham TS team recently provided vendor initiated due diligence services the on £45m disposal of Teaching Personnel Limited, (TPL). TPL is the third largest UK provider of supply teachers and support staff to schools.
"Given the uncertain economic climate, as part of the disposal strategy for Teaching Personnel we required a credible, balanced, financial VDD report to assist the transaction. The BDO team produced a quality document, that added considerable value to our process. Their understanding of the business came through in the VDD, which received very positive comments from the prospective purchaser parties who I believe found it to be comprehensive and objective, contributing to a swift completion timetable. Richard Caston, Partner, RJD Partners This was the second time that I have used BDO for Vendor Financial Due Diligence, and once again I was impressed by the way that they extracted the requisite information in an intelligent and low impact manner, through gaining a clear understanding right from the offset. BDO worked efficiently and kept to time targets religiously. They were easy to do business with." Mark Weavis, Chairman, Teaching Personnel Holdings Limited
