Edu-Lettings (“EDU”), a Bolton based company that provides a fully managed lettings provision for schools, has agreed a change in ownership model with the directors of SchoolHire, an organisation that provides a booking platform that almost 600 schools use to manage lettings in-house.

Mike Blundell, who co-founded EDU along with Nick Bowen in 2020, has sold his shares, but will continue to be a part of the business in the role of Operations Director whilst Nick will undertake a new role of Managing Director.

EDU’s mission is to provide a better standard of service, delivery and quality to schools who are looking to outsource the management of their lettings provision and this tie up will enable the continued growth of EDU, who are now working with 66 schools, by adding expertise and industry knowledge to their board, especially in the form of David Nevies ACA, who will be assisting predominantly in a financial capacity.

The two companies will also look to work together more on tenders and opportunities to ensure that it can provide any one of the 3 main services that schools may require in relation to their facility hire; being a booking platform, a fully managed service, or a hybrid of the two without the staffing provision.

“I am really excited to gain the industry knowledge and expertise of both David and Charlie who have been so successful with SchoolHire, whilst retaining Mike’s operational leadership, all of which can only strengthen EDU and its position in the market and ensure that we continue to grow and keep providing world class delivery of our services.  I can further assure all stakeholders that our company ethos, culture or operational focuses will not change due to the shareholding change, with myself, as managing director, continuing to have ownership on business direction.”

EDU’s Nick Bowen.

“We have known Nick now for a few years, on the client side, and have always been impressed with his drive, determination and focus on putting both schools and community users at the heart of everything he does. When the opportunity arose for us to align ourselves closer with Nick, by investing into EDU, we didn’t hesitate.”

SchoolHire’s Charlie Gothold.