BUSINESS

Work scheme firm A4E purchased for £34m by Staffline

The welfare-to-work company A4E has been bought by the outsourcing and training company Staffline Group in a deal worth more than £34m.

By MJ reporter | 06 May 2015

The welfare-to-work company A4E has been bought by the outsourcing and training company Staffline Group in a deal worth more than £34m.

Staffline acquired the firm for £23.5m in cash and also assumed A4E's debt of £11m, which pushed the value of the agreement up to £34.5m.

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Popular articles by MJ reporter

  1. Survey reveals interest in PSAA scheme
  2. Winning on social housing in Hull
  3. Cut for IDeA's sector-led improvement grant
  4. Researchers to look at '200-mile long Whitehall screwdriver'
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