Sovereign Capital, the UK’s private equity Buy & Build specialist, is pleased to announce the acquisition of ISOQAR Holdings Limited, one of the UK’s largest independent providers of UKAS accredited certification services. The acquisition will enhance the workplace risk management expertise of the Alcumus Group, which includes highly regarded operating subsidiaries Sypol and Infomatrix.
Established in 1991, ISOQAR was one of the first independent certification bodies in the UK and specialises in auditing and certifying management systems.
ISOQAR also offers its customers a range of training courses designed to provide awareness and understanding of the main industry standards that it certifies.
General Manager of ISOQAR, Steve Stubley, who has over seventeen years’ experience with the company, will be appointed as Director and continue with the business.
Commenting on the transaction, Phil Hinson, Director at Sovereign, said: “We have known and followed ISOQAR since March 2008 and are delighted to have been able to acquire such an established brand in the growing compliance market. The business has developed an excellent reputation for service, which is reflected in its strong track record of continuous growth within this attractive market.”
ISOQAR’s founders, George Maxwell and David Crompton, commented: “Having grown the business over the last 20 years, we are very pleased that ISOQAR, and its loyal workforce, will now benefit from the shared expertise and resources of the Alcumus Group, while maintaining its independence, heritage of service delivery and flexibility to innovate in the evolving certification market.”