Liberty is pleased to announce the investment by Palatine Private Equity in TTC Group.
TTC provides national speed awareness courses as well as a full suite of other driver training, compliance and education courses across the UK. Having won its first police force contract in 2006, the company has since grown to work with 11 police forces across the country. The Telford-based business currently employs 123 staff and handles 330,000 clients annually across its 200 training venues in the UK. The investment from Palatine will support TTC’s expansion into a number of areas, one of which is the development of the corporate driver training division.
Liberty provided advice to the management team on their investment and equity terms.
Jim Kirkwood, CEO at TTC, said: “I am delighted to be working with such a proactive and supportive investor in Palatine. The existing TTC business provides an excellent platform for growth and investment. With road safety at its heart and our quality of delivery second to none, our ambition to innovate and succeed is naturally taking us into complementary and adjacent markets where new technologies bring a wealth of opportunity. My colleagues and I are very excited about our future with Palatine and the opportunity that it presents.”