The UK’s fastest growing private companies: Hot 100 2015 – (10) E-ACT
2 min read
26 June 2015
Formerly known as the EduTrust Academies Charitable Trust, E-ACT is the sponsor of 23 academies in the UK and counts 14,500 students in its educational network.
Date founded: 2009
The boss: David Moran
Latest turnover: £280.5m
Three-year compound growth rate (%): 68.39
Latest EBITDA: £15.1m
Education is a hot topic in the business world, one that’s cause many revisions to the industry. Notable developments in 2015 have seen professional services firm PwC adapt its A-Level criteria, while British teenagers from schools in disadvantaged areas are being provided with business skills and funding by FSB and Young Enterprise.
Recognising the importance of learning, the E-ACT (EduTrust Academies Charitable Trust) is the sponsor of 23 state-funded academies, which are governed by experienced and successful professionals from the local communities.
With key targets for each academy and student, the company seeks high achievements, improved social inclusion and strong employability.
“We know that the better educated and more highly-skilled young people are, the better their life chances are to succeed in today’s globalised world,” E-ACT said.
Students, meanwhile, can in turn expect to gain academic skills based on their needs and ambitions. In particular, the firm looks to encourage high behavioural standards across the academies, along with development of personal skills, social intelligence and digital experiences to deliver a well-rounded experience.
With schools nationwide in locations including Buckinghamshire, Oldham, London, Manchester, Sheffield, Bristol and beyond, CAGR is at 68.39 while turnover has reached £280.5m.
Discussing expectations of teachers, support staff and governors, E-ACT states it is: ”Encouraging you to adopt an approach of earned autonomy, enabling you and your school to share in the support and challenge of the collective E-ACT group combined with the freedom to develop your individual ethos suited to the needs of your community.”