LRQA, the global assurance partner backed by Goldman Sachs Alternatives, has acquired Core Business Solutions, Inc. (CBS), a US-based provider of advisory services and software for Quality Management Systems (QMS) certification.
In a statement today (12 February), LRQA said this strategic move enhanced its ability to support small and medium-sized enterprises (SMEs) with digital solutions for regulatory compliance in the US and around the world.
It also marked the fourth acquisition within four months by the global firm which seeks to strengthen its position in the market and meet client’s evolving risk management needs.
CBS specialises in technology-driven advisory services that simplify the certification process, with a strong focus on quality, cybersecurity, environmental and IT standards. Its expertise covers core standards, such as ISO 9001 for quality management, ISO 27001 for information security, ISO 14001 for environmental management, ISO 45001 for occupational health and safety, and the upcoming Cybersecurity Maturity Model Certification (CMMC).
The acquisition expands LRQA’s digital capabilities and strengthens its ability to support small and medium-sized enterprises (SMEs) with streamlined compliance solutions. It comes at a time when the certification market is experiencing significant growth due to stricter regulations, globalisation, technological advancements and increasing consumer expectations for quality and security. Organisations are increasingly seeking certification not only to meet compliance obligations but also to build credibility and maintain a competitive edge.
This acquisition complements LRQA’s existing digital solutions, including the EiQ supply chain intelligence software, reinforcing its position as a digitally enabled risk management partner. By combining forces, LRQA and CBS will enable businesses ensure regulatory compliance, improve operational efficiency, and enhance consumer trust.
Ian Spaulding, CEO of LRQA, said: “This acquisition is a clear demonstration of our commitment to expanding our reach and better serving the growing needs of SMEs – with particular focus in the United States.
“By bringing CBS into the LRQA family, we’re enhancing our ability to offer tailored, technology-driven solutions that empower businesses of all sizes. As market dynamics evolve, we’re excited to provide both large enterprises and SMEs with the expertise and tools they need to turn compliance into a strategic advantage.”
Scott Dawson, CEO and founder of CBS, said: “The integration of CBS into LRQA enhances our ability to combine certification expertise with innovative digital tools, helping businesses turn compliance into a competitive advantage. At CBS, we specialise in supporting small businesses, understanding their unique needs and challenges. This partnership empowers us to deliver tailored solutions and drive success in Quality Management Systems and Cyber certification alongside our new colleagues at LRQA.”
This acquisition aligns with LRQA’s broader growth strategy, reinforcing its commitment to delivering innovative solutions that help businesses navigate regulatory requirements while unlocking new opportunities for growth. This strategy, combined with a strong focus on digital transformation and expanding its risk management expertise, ensures that clients can stay ahead in an increasingly complex regulatory landscape.
