Business
RM Expands Assesment & Data
RM Expands Assesment & Data.
About this update from Rm Plc
[{"type":"text","content":"\n RM PLC\n02 August 2007\n\n\n\n\n 2nd August 2007\n\n RM expands Assessment and Data Services Business through Asset Purchase\n\n\nRM announces that it has acquired the assets comprising the business known as\nSERAP from the University of Bath for a consideration of £580,000. SERAP\nprovides specialised educational data matching and reporting services for\nGovernment Departments & Agencies and Local Authorities. SERAP already works\nwith RM, providing services for the National Pupil Database - Achievement and\nAttainment Tables (NPD-AAT) contract.\n\nRM will acquire SERAP's existing contracts, along with the software, data and\nexpertise required to fulfil these contracts. Eight members of staff will\ntransfer to the RM Group under TUPE regulations. SERAP's assets will be\nintegrated into, and managed from, Forvus, the Group's specialist data services\ncompany.\n\nThe acquisition of SERAP significantly enhances RM's Assessment and Data\nServices business. SERAP provides additional relationships with exam boards and\nLocal Authorities, which are key customers for the Assessment and Data Services\nbusiness.\n\nCommenting on the acquisition, Tim Pearson, CEO of RM, said:\n\n'It's great to welcome the SERAP team to RM. We're excited by the opportunities\ntheir skills and market relationships open up for our Assessment and Data\nbusiness. Bringing SERAP into RM also significantly enhances our ability to\ndeliver important contracts for Department for Children Schools and Families\nmore efficiently and effectively.'\n\nGordon Brown, Head of SERAP, added:\n\n'SERAP has worked closely with Forvus for thirteen years and, since winning the\nNPD-AAT contract with RM, our relationship has grown closer. Becoming part of\nForvus provides an exciting future for the business and its staff. I look\nforward to working with them to consolidate and grow the business and extend the\nrange of services we offer. We are particularly pleased that we are joining a\ngroup which shares our belief that educational data provides a significant tool\nfor the improvement of education.'\n\n\nFor further information, please contact:\nMike Greig/Phil Hemmings, RM plc 08450 700300\nMark Antelme, Brunswick Group LLP 0207 404 5959\n\n\nNotes:\n\nFounded in 1973, the RM Group is a leading provider of educational products and\nservices to schools, colleges &...