Enact supported the management buyout of one of the UK’s leading providers of Apprenticeships and Adult Education in October 2020, acquiring the business previously known as Interserve Learning & Employment (“ILE”) from the Interserve Group.
The buyout saw the company become a standalone training provider with intentions to create a new brand identity which aligned with the businesses values and proposition. At the end of November, “ILE” transformed into Realise. The new brand identity will bring a more “modern and people-focussed” look to the business which centres on communication.
Realise is one of the largest apprenticeship providers in the UK supporting over 7,000 learners across a number of sectors including Early Years & Childcare, Health and Social Care, Transport and Business skills. The business, headquartered in Sheffield and employs over 350 people, provides learning, education and employment services through apprenticeships and adult education services to support businesses across the country to inspire and develop talent. Realise has been supporting people fulfil their potential and helping businesses to grow by upskilling the workforce for over 35 years.
Since the investment by Enact, Realise has continued to grow revenue and profitability but with a focus on people and the quality of educational courses and delivery. Some of the highlights of the last two years include:
Great Place to Work®, a global authority on workplace culture, has awarded Realise the number one spot as the Best Large Workplace for Women in the UK;
At the 2022 FE Week and AELP AAC Apprenticeship Awards, Realise received the accolade of Apprenticeship Provider of the Year;
An NHS Foundation Trust partnered with Realise to deliver Maths and English qualifications to enhance their employees career prospects;
Realise were awarded a five-year contract to deliver adult education services within Liverpool City Region; and
A new training and skills hub was established by Realise in Huddersfield allowing West Yorkshire residents to seek expert advice on upskilling and improving their employment prospects.
In addition, in late 2022, Realise strengthened its Early Years & Childcare sector with two acquisitions.
Commenting on the acquisitions, Realise Managing Director, Gregg Scott said: "The investment from Enact has been key to us developing the business, acquisitions such as this will help us deliver on our pledge to become the largest early years training provider in the UK and we have ambitious plans to continue our growth as a business through both organic and inorganic growth."
Enact Investment Director Paul Denvers commented “"Acquiring an established and successful businesses to strengthen the Realise offering is core to the growth strategy in the key sector of early years education.
"We are thrilled to be supporting a business which is delivering on its expansion plans and while we are actively looking for further acquisition opportunities, the key focus for Realise will always be retaining a quality learner experience and supporting its people