IMS (UK)

Deal Summary

Catalyst advised on the sale of IMS (UK) to Carter and Carter plc

Based in Selby, IMS is a national training company providing Train to Gain funded vocational training services to the manufacturing, food and distribution sectors.

Its clients include Caterpillar, Lafarge, Northern Foods, United Biscuits and Nestlé.

What difference did we make?

Knowledge of our previous work advising ASSA Training & Learning, led the shareholders of IMS to approach Catalyst to explore their strategic options.

We then worked closely with the business to understand its growth potential within the developing Train to Gain market and to develop an exit plan for the shareholders.

Catalyst's understanding of IMS and our relationship with the key players in the training market enabled us to advise the shareholders on the merits of an approach to Carter and Carter. We negotiated a deal with Carter and Carter and ran a highly focused accelerated exit process resulting in a strategic multiple for the shareholders and completion taking place within three weeks of signing Heads of Terms.