Graphite Capital sells leading supply teaching specialist, Education Personnel, to ICG
Graphite Capital has sold Education Personnel, the largest provider of supply teachers and educational support staff to schools in England and Wales, to its management team in a buy-out backed by ICG.
Graphite originally backed the management buy-out of Teaching Personnel in 2010.
The following year the business was merged with Protocol Education to form Education Personnel. Together with the management team, Graphite saw the opportunity to develop the business through organic growth and by acquisition in a fragmented sector.