KBS Corporate has advised on the sale of CQM Training & Consultancy, to Skills CFA, a charity promoting skills and qualifications in the workplace, for an undisclosed fee.
The firm, which operates from its head office in Bolton, completed the sale of the Derbyshire based company that is a highly respected and well regarded business improvement, consultancy and training company carrying over 20 years experience.
Established in 1993 by Peter Booth, CQM attracted interest from a wide range of private corporate entities, charitable organisations and academic institutions.
By applying a highly proactive approach, utilising an extensive UK and international range of buyer contacts, KBS Corporate were able to identify and target prospective acquirers.
Offers were received from several parties and Peter Booth decided to pursue Skills CFA’s offer as it was a cash deal and it was felt that the London based company provided the best fit for CQM and in particular Operations Director and minority shareholder Andrew Cheshire, who will remain with the business post completion.
The motivation behind the sale of CQM and the desire to pursue KBS Corporate’s specialised services was due to Peter’s decision to retire, having successfully spent the past 21 years building the business.
Since inception, CQM has been awarded several contracts to run regional ‘Lean Management Thinking’ programmes across the UK and has worked on a number of projects including assisting a leading soft drink brand win the award for Best Training Programme at the 2012 Food Manufacturer Awards.
Guy Haynes, Senior Deal Executive at KBS Corporate led the deal through to completion and said: “This deal gave Peter Booth an ideal exit from the business, as well as a strong future for both the business and Andrew Cheshire. Both parties, and their legal advisors, were highly motivated to complete the transaction throughout, and in particular it was a pleasure to deal with Peter.
I wish Peter well for retirement, and all other parties well. CQM is a strong business that I am sure will go from strength to strength under its new ownership.”