Capita has announced the a offer to acquire a majority stake in Staffordshire County Council’s education services division, for £32 million over a three year period.

The outsourcing giant aims to achieve over £2 billion in revenue from the purchase over the next ten years.

Capita is heavily invested within education, providing IT systems and pension services to educational departments. The majority control of Staffordshire’s education division by Capita if approved would see the creation of a highly competitive shared services organisation with the potential for aggressive expansion.