Capita plc announced a significant transaction, agreeing to sell its 75% stake in Fera Science Limited (‘Fera’) to Bridgepoint Group plc for an enterprise value of £60m, cash-free and debt-free. This deal places the total value of the joint venture at £80m, translating to a 10.8x multiple based on Fera’s 2022 standalone EBITDA of £7.4m. […]
Capita plc has announced securing a substantial new contract, valued at £239 million, to manage the Civil Service Pension Scheme (CSPS) for the UK’s Cabinet Office. This significant 10-year deal, set to commence in September 2025, positions Capita at the forefront of public sector pension management in the UK. Modernizing Pension Administration with Digital Solutions […]
Leading the way in ensuring streamlined support for society’s most vulnerable, Capita plc has officially inked two groundbreaking contracts valued at £565m. The company will spearhead the Functional Assessment Service (FAS) in the Midlands, Wales, and Northern Ireland. This announcement follows hot on the heels of the news on 25 May 2023 that Capita had […]
Capita plc has won a three-year extension to its Primary Care Support England (PSCE) contract, worth £94 million, from NHS England and NHS Improvement (NHSEI). The London-based business process outsourcing and professional services company said that the PSCE contract has been extended to 31 August 2025. Under the contract, Capita will be providing digital, logistical, […]
Capita plc, a London-based business process outsourcing and professional services company, has bagged a five-year contract from ScottishPower worth up to £63m to provide front-line customer support services for the latter’s customers across the UK. The five-year customer management contract is due to begin in June. This includes wider customer experience support services for prepayment, […]
UK-based business process outsourcing company Capita has been awarded a £700,000 three-year contract extension to manage a shared wide area network (WAN) for East Coast and Hertfordshire Control Room Consortium. The shared network supports Hertfordshire, Lincolnshire, Humberside, and Norfolk fire and rescue services. Through Capita’s WAN, all four fire services can share a common network […]