Interserve acquires welfare-to-work business

Interserve has acquired Business Employment Services Training Limited (BEST), a major UK provider of training and development for job-seekers and employers.

Interserve has acquired Business Employment Services Training Limited (BEST), a major UK provider of training and development for job-seekers and employers.

Interserve, the FTSE 250 support services and construction company, has paid an initial consideration of £17.5m from its existing cash and debt facilities to fund the acquisition, which has been made to broaden its range of front-line services, particularly in the Department of Work and Pensions' Work Programme (DWP).

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