TES and PropertyPrefect embark on a Joint Venture TSL acquires 50% interest in Sandgate Systems Limited (Dec 2011)TSL Education, publishers of the TES and TES.co.uk, the world’s largest professional network for teachers, has acquired a 50% stake in Sandgate Systems Limited, the owners of PropertyPrefect. It will be part of the TES BuyWire offering that enables schools to save money and manage spend and risk in non academic areas more effectively. PropertyPrefect is a web based software tool enabling schools to manage all areas of property maintenance and health and safety issues more effectively. This is the largest area of unplanned expenditure in schools. It is also an area in which the school leadership team have personal liability.Louise Rogers, CEO of TSL Education, said: “We are very excited about this acquisition, as it complements our BuyWire service and the investments we have already made in digital technology for schools. Ian Bond and Adam Watson have done an outstanding job in bringing this new service and technology to market. We are confident the TES brand and reach can help to deliver the service on a national basis across the UK”.Ian Bond, Technical Director of Sandgate Systems said; “we have had a hugely positive reaction from the schools that are using our services to date. Joining forces with the TES, a hugely respected and trusted brand whose innovative technology reaches into every school in the UK is a major endorsement of our service and gives us access to huge opportunities for the company”.Adam Watson, Sales & Marketing Director said; “we are very excited about this partnership. PropertyPrefect is all about helping the school leadership team better manage their premises and unlocking more time to concentrate on their primary function. The combination of BuyWire and PropertyPrefect will be a powerful and proven way for schools to save time and money.”