Citation has acquired EPM, the UK's leading HR and payroll service provider for schools, marking a strategic investment opportunity and yielding a 34 times return on equity.
Target Information
EPM, established in 2012, has achieved significant growth to become the preeminent provider of Human Resources and payroll services tailored specifically for the education sector in the United Kingdom. With a robust portfolio, EPM services over 1,200 schools across the country, making a substantial impact in the industry.
Under the leadership of CEO Jennie Elliott, the company's innovative approach has enabled it to adapt and evolve to meet the unique needs of its clients within the educational landscape. The recent transition of the company to Citation marks a pivotal moment in its journey, fostering new opportunities for expansion and enhanced service delivery.
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Industry Overview
The education sector in the UK is undergoing a notable transformation, characterized by an increasing reliance on technology to streamline administrative tasks. Over the years, educational institution
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Citation
invested in
EPM
in 2023
in a Management Buyout / Buy-In (MBO) deal