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The Centre sold to Itec

The Centre for Strategy and Communication Ltd was established nearly 20 years ago, providing business training courses throughout the UK. Jan Burnell, the owner of the company, decided to sell the business as she wanted to retire and focus on other personal commitments.  

The Centre had previously attracted two independent offers. However, on both occasions the sale fell through. Due to this Jan wanted Avondale to take charge and ensure a successful and lucrative completion.

Avondale were determined to find the right buyer and worked hard to create a competitive market. Four significant potential purchasers placed respectable offers.

The eventual buyer was Itec Training Solutions Ltd. Itec provides work and life skills training, apprenticeships and upskilling services for businesses. From instruction to completion the sale was completed in under nine months. The consideration is undisclosed, although the final sum exceeded our client’s expectations. 

To talk to Avondale about your objectives, call 01737 234892 or email iod@avondale.co.uk

 

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