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G4S sells UK children's homes business

Posted 6 June 2017 · Add Comment

G4S has completed the sale of its UK children's homes business 'homes2inspire' to the Prospects Group, an employee-owned education, employment, training and care provider, for £11.4 million paid in cash.

The homes2inspire business provides tailored education programmes, training and care services to more than 80 young people in 18 homes across the Midlands as part of a number of contractual agreements with local authorities.

As part of the transaction, all employees including senior management in G4S homes2inspire will become part of the Prospects Group.

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