Now Education

An ESG and Impact Case Study

Midlands
Invested in December 2023
Regionally based recruiter of teachers and classroom assistants
Delivering high quality jobs across the country
  • In the 9 months since our investment, Now has increased its workforce by 8% and is planning to grow at similar rates over the course of Prefequity's investment.
  • Now is a living wage employer with 100% of jobs being above the living wage.
Putting best-in-class procedures in place
  • Now attaches high importance to rigorous processes and ensures that all teachers are vetted. As a member of APSCo, Now ensures that it remains on top of the latest regulations and compliance best-practices delivered through continuous training.
  • Each office has its own compliance function, enabling more responsive interactions between compliance and consultants.
Strengthening operations for independent growth and success
  • Having grown rapidly in recent years, Now relied on the founder’s group for some support functions. As part of Prefequity’s investment, management undertook a detailed business review and implemented a plan to ensure systems, processes and controls robust on a standalone basis.
  • With external support provided via Prefequity, a new finance function has been established.