In league of their own for riches

25th July 2003 at 01:00
LEAGUE tables, the scourge of teachers throughout England, have made the three statisticians whose company compiles them millionaires. Technology giant RM has bought up the firm for pound;4.55 million - with promises of a further pound;2.7m if it hits profit targets over the next three years.

Upi Patel, Bernie Enlander and Kathy Brooks founded Forvus in 1985 to analyse data for private and public firms.

It is now contracted to compile the A-level, GCSE and key stage 2 and 3 tables each year as well as working with the Teacher Training Agency, Customs and Excise and the Housing Corporation.

The business, which has a turnover of pound;3m and employs 20 people at its Grade II-listed headquarters in Clapham, south London, will retain the current staff and management.

Managing director Mr Patel, who lists his hobbies on the company's website as looking worried and playing snooker badly, said the deal will enable the company to grow faster.

He said: "It enables us to go for, and hopefully win, larger contracts.

There is a trend to consolidation within central government. It is offering larger contracts which are often multi-disciplinary, needing four or five sets of skills. By being part of a larger group we provide a more complete service."

The company has contracts with the Department for Education and Skills, compiling all the performance tables.

Steve Bollingbroke, education services director of RM and now the chairman of Forvus, said: "One of the things that we liked about Forvus was its fabulous management team.

"It has built up a wonderful relationship with its customers, all of whom speak very highly of the company. If you're buying a business, that is what we look for."

Subscribe to get access to the content on this page.

If you are already a Tes/ Tes Scotland subscriber please log in with your username or email address to get full access to our back issues, CPD library and membership plus page.

Not a subscriber? Find out more about our subscription offers.
Subscribe now
Existing subscriber?
Enter subscription number

Comments

The guide by your side – ensuring you are always up to date with the latest in education.

Get Tes magazine online and delivered to your door. Stay up to date with the latest research, teacher innovation and insight, plus classroom tips and techniques with a Tes magazine subscription.
With a Tes magazine subscription you get exclusive access to our CPD library. Including our New Teachers’ special for NQTS, Ed Tech, How to Get a Job, Trip Planner, Ed Biz Special and all Tes back issues.

Subscribe now