See FE News – Our Managing Director David Kitchen provides an insight on the current M&A activity within FE:

https://www.fenews.co.uk/press-releases/16207-who-wants-to-buy-a-training-provider

 

 

 

Training Businesses for Sale

March 2018

 

NORTH WEST                                                                                                                            REF: ALL/7/2018

 

ESFA Direct contract holder – Advanced Learning Loans -Contract Value £750,000

Plus Non Levy Contract £300k awarded from January 2018.

 

Sub-Contractor (ESF) – Contract Value c£500,000 to July 2018

Specialism – Construction

 

2017 Turnover £1.3m, Net Profit c £465,000

Projected for 2018: Turnover £1.8m Net Profit £800k (including ESF)

 

ASKING PRICE £1.3M

 

 

NORTH WEST                                                                                                                     REF: COMM/17/2017

 

Commercial Training Business – works with large construction employers £100,000 pm revenue

 

Sub-Contractor – ESF – Contract value to July 2018 c £500,000

Specialism – Construction/Plant

 

Projection: Business Turnover 2017/18 £1.5m, Net Profit £200,000

 

ASKING PRICE £575,000 UNDER OFFER

 

MIDLANDS                                                                                                                                REF: APP/33/2017

 

Prime Provider – £500k Non Levy Apprenticeship contract plus £200k Advanced Learner Loan contract (unused) with potential for increase this year.

Specialism H&SC L4 and L5

 

Business Turnover £1m, Net Profit £235,000

 

ASKING PRICE £940,000

 

 

 

 

SOUTH EAST                                                                                                                               REF: ALL/37/2017

 

Construction provider with signed large levy client signed on an exclusive deal for 2018/19.

 

Healthy Levy pipeline.

No Direct Contracts

Business Turnover £1,500,000 Net Profit £225,000

 

ASKING PRICE £650,000

 

 

 

NORTH WEST                                                                                                                      REF: ALL/39/2017

                                               

Beauty Academy with two high quality salons. On RoATP and experience of handling Advanced Learner Loans. Stable staffing.

 

Business Turnover £250,000 Net Profit £60,000

 

ASKING PRICE £70,000 OUTRIGHT PURCHASE UNDER OFFER

 

 

 

MIDLANDS                                                                                                                                 REF: APP/43/2017

 

ROTO and ROATP Company that owner no longer requires. No debt or future liabilities.

 

ASKING PRICE £35,000 UNDER OFFER

 

 

 

 

 

 

 

NORTH WEST                                                                                                                          REF: ESFA/49/2018

 

Management, H&SC and Child Care Provider.

 

Direct AEB, ALL and Non Levy contracts with ESFA.

Grade 2 Provider.

 

Great opportunity with Unutilised ALL contract.

 

Business Turnover £600,000 Net Profit £60,000

 

ASKING PRICE £240,000 – Owner looking for immediate retirement. UNDER OFFER

 

 

 

SOUTH EAST                                                                                                         REF: ALL/52/2017

                                               

Hair and Beauty Salon on ROTO and ROATP Main Provider.

No debts, staff or ongoing commitments.

 

Sale of Company with trading history.

 

ASKING PRICE £50,000 OUTRIGHT PURCHASE

 

 

 

NORTH WEST                                                                                                                           REF: SUB/54/2017

 

H&SC and Child Care provider.

 

On RoATP, Has Non Levy contract and good employer base.

 

Business Turnover £600,000 Net Profit £240,000

 

ASKING PRICE £800,000

 

 

 

 

NORTH/MIDLANDS                                                                                                               REF: APP/07/2018

 

Prime Provider – £285k Non Levy Apprenticeship contract plus £165k AEB (both unused) with potential for increase this year.

 

Company established several years but have been fairly dormant over past 12 months. On ROTO and RoATP, Positive balance sheet

 

Business Turnover £80k Net Profit £12k

 

ASKING PRICE £395,000

 

 

 

 

 

NORTH WEST                                                                                                                           REF: APP/12/2018

 

ROTO and RoATP Provider with Non Levy contract of £251k.

 

No delivery done yet.

 

Sale due to owner’s health

 

Turnover £335k

Net Profit £50k

 

ASKING PRICE £195,000

 

 

 

SOUTH EAST                                                                                                                        REF: APP/15/2018

                                               

ROTO and RoATP provider with a current £600k Non-Levy sub contract to a college.

 

ASKING PRICE £130,000 OUTRIGHT PURCHASE

 

 

 

 

MIDLANDS                                                                                                                                 REF: APP/18/2018

 

Direct Contract holder – distressed sale

 

Non-Levy £700k (plus several sub contracts to the value of £800k)

Advanced Learner Loans £500k

Active Levy payers on board

ROTO and ROATP.

 

Turnover £2m, recent losses has produced negative balance sheet of £200k

 

The company has debts of c £500k and is operating at below Grade 2 standard although no Ofsted visit has been made.

 

Needs turnaround of Operational delivery

 

ASKING PRICE £250k outright sale plus needs potential investment of £200k to pass upcoming RoATP refresh