How do I check an IT training company’s relationships with certification bodies?
Ask for the written agreement or status confirmation for each certification partnership, who in the company manages it, and what happens when ownership changes. Then confirm with the certification body directly, with the seller’s consent. A course tied to an authorization that cannot transfer is a weak asset.
List every certification the school teaches toward and the partnership behind it. For each, ask for the paperwork: the agreement, any approval or authorized-provider status, renewal dates and the fees that keep it active. Ask who inside the company is the named contact, because that person may be an instructor who could leave.
Next, ask what a sale does to each arrangement. Some partners must approve a new owner, some may reset the terms, and some may not transfer at all. Your lawyer should read the wording, and the buyer should make any such approval a condition of closing rather than an afterthought. Ask whether the school has ever had a partnership questioned or lost.
Finally, speak to the partner, with the seller’s permission. Ask how the relationship is rated, whether course quality has been reviewed, and what the process is for a new owner. Compare what you hear to what the seller said. Because staff credentials often underpin these arrangements, also check who holds them and how likely they are to stay. Ask what the school would do if a partnership ended, and which courses would survive without it. That answer shows how much of the catalogue rests on borrowed standing, and it helps you judge how much protection you want in the agreement.
Key takeaways
- Collect the written terms for each certification partnership.
- Ask whether each one transfers to a new owner and on what conditions.
- Check which staff credentials the partnership depends on.
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 02Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
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