• Swindon & Wiltshire News
• Monday July 31 2023
• Author Name: Peter Davison

Wiltshire certification and quality management provider IMSM acquired for £17.4 million

Wiltshire-based certification and quality management provider IMSM has been acquired in a £17.4 million deal by London-based Marlowe, a provider of business-critical services and software which assures regulatory compliance.

Established in 2004 and headquartered in Malmesbury IMSM provides ISO auditing and certification services to approximately 5,000 UK and international clients.

The firm audits the quality of clients’ business processes and internal systems on a recurring basis to ensure compliance with ISO standards in areas such as safety management, information security and environmental management.

Marlowe CEO Alex Dacre said: “The acquisition of IMSM broadens the capabilities of our Governance Risk and Compliance division into the attractive and highly complementary ISO auditing and certification market.

“This is a large and fragmented market, and the addition of IMSM will enable us to address a core component of our clients’ compliance requirements.

“This acquisition is consistent with our strategy to selectively execute on bolt-on acquisitions.”

In a statement, IMSM said: “IMSM has grown as a company in recent years thanks to our employees and colleagues’ outstanding commitment and continued professionalism.

“With the acquisition of IMSM by Marlowe plc, we envisage an exciting future with opportunities for expansion and increased efficiencies, such as digitalising IMSM’s services via collaboration with Marlowe’s SaaS offering.”

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