In a deal which KBS Corporate provided consultancy on, AoFA Qualifications Limited has been successfully acquired by Personal Track Safety Ltd.
AoFA Qualifications is an awarding organisation which is recognised by Ofqual, a non-ministerial government department that regulates qualifications and exams in England, and CCEA, a non-departmental public body of the Department of Education. In addition, the company is also recognised by Welsh Government sponsored body, Qualifications Wales.
The initials AoFA represent two market sectors. For first aid and medical-related qualifications, AoFA stands for Association of First Aiders. For qualifications outside of First Aid, such as fire safety and security, it stands for Awarding Organisation for Accredited Qualifications.
Since its inception in 2007, the company has developed and sustained a reputable standing within the industry it operates, having achieved ISO 9001 accreditation and acting as the awarding arm of the Association of First Aiders for First Aid and related qualifications. Moreover, it has more recently been approved by the Security Industry Authority to offer licensed-linked qualifications, in addition to the member status it holds with the British Security Industry Association and Federation of Awarding Bodies respectively.
The shareholders of the business, David Arnold and Rouji Begum-Arnold, approached KBS Corporate with both a desire to retire and the motivation to find a suitable buyer who could inject fresh vision into the business.
An extensive research process was conducted, which lead to circa 20 parties registering their interest in the opportunity, and a deal agreed with the eventual acquirer.
The buyer, Personal Track Safety, is a specialist training provider with over 20 years’ experience in its sector. Located in Northampton, the company operates nationally across the UK, delivering courses to over 10,000 learners per year.
Working alongside prestigious clients including City & Guilds, The Department for Work and Pensions, and Investors in People, the business provides its services to individuals and businesses within a range of diverse sectors such as rail, health & social and business management & accounting.
Motivated by the opportunity to extend on its current services, Personal Track Safety sought to acquire AoFA Qualifications to take advantage of its service offering, which would facilitate its expansion plans.
Deal Executive Fabio Rambelli advised our clients at AoFA Qualifications, on the deal he commented: “I am pleased that the shareholders of AoFA have been able to successfully exit the business and start a new chapter in their lives. I am confident the company will be successful in the hands of Personal Track Safety moving forward.”