Humly acquires Supply Teaching Ltd
Humly continues its growth journey and acquires the English staffing company Supply Teaching Ltd. Through the acquisition, the ambition is to grow the digital marketplace for temporary workers also in the English market.
Humly has had strong growth in the Swedish market in the past five years. Through the self-developed digital marketplace for temporary workers, Humly helps around 40 municipalities and independent school organizations with their temporary worker procurement.
Humly’s vision is to release and highlight the potential of flexible trainers. Globally, there is a need for competent people in schools, even when regular teachers are absent. “Through the acquisition of Supply Teaching Ltd, our ambition and driving force is to also be able to help schools in England with their staffing through our digital marketplace, says Gustav Bild Tofftin, CEO at Humly.”
Supply Teaching Ltd is based in Milton Keynes north of London and was founded in 2000. The company has a strong local connection and is the natural choice for the city’s schools’ supply of substitutes. Supply Teaching helps over 100 schools and, during its many years in the industry, has created a strong brand that characterizes high quality delivery.
“Supply Teaching Ltd are very excited to be working with Humly. Both companies share the same values that students’ education is a priority issue and to match the perfect teacher for every assignment in the school. This combined with a high level of compliance and the latest technology from Humly ensures that the combined companies will continue to grow and offer the best and most complete service to their customers, says Belinda Sparks, founder of Supply Teaching Ltd.”
“The acquisition of Supply Teaching Ltd is a strategically important investment and a step for Humly to strengthen its position in the UK. We are very pleased to welcome Supply Teaching Ltd to the Humly team and are excited about the opportunities in the English market, says Eivind Bergsmyr, partner at Viking Venture.”
There is great potential in the British market and we look forward to growing with the market and developing our offer through further acquisitions, concludes Gustav Bild Tofftin, CEO at Humly.