Clearwater has advised iHASCO, a health and safety e-learning provider, on its sale to The Citation Group (Citation) a tech enabled provider of outsourced HR and H&S compliance services backed by private equity firms KKR and Hg Capital.
Established in 2007, iHASCO provides over 100 accredited e-learning courses in health and safety, HR compliance, business compliance, care certificates and management primarily for the SME market. The business has seen rapid growth over the last 13 years due to a growing market, delivery of non-discretionary training content and a high-quality differentiated project.
With over 40,000 clients, Manchester-based Citation provides businesses with subscription-based HR, H&S, compliance and certification services. The company has nationwide coverage and also works with a range of partners including trade associations to insurance brokers and accountancy firms.
This transaction will support the business in its growth trajectory, combining the expertise of both businesses in the HR and health and safety compliance sectors.
