Quinn Supports Palatine on Investment in TTC
The Quinn Partnership, The UK’s leading provider of Human Capital Planning has advised Palatine Private Equity on their investment in TTC a West Midlands-based provider of road user and cycling education courses
TTC, founded in 2000 by Graham and Jenny Wynn, 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. TTC expanded its offering with the addition of cycling training courses which it introduced in 2013 following the acquisition of Cycle Experience, a provider of National Standard Cycling Courses.
The Palatine team comprised of Partner Tony Dickin, Investment Director Richard Thomas and Investment Executive James Painter. Richard Thomas, Head of Midlands at Palatine Private Equity, said: “We look forward to supporting TTC in continuing to deliver high quality training to its existing customers, in addition to, building upon its position in the corporate driver training market. Having already made a number of acquisitions, TTC’s buy and build strategy will be an important element of the on-going growth plan.
TTC is led by a talented management team with a robust business model to deliver significant growth over the coming years. This was a particularly attractive investment for Palatine given the strong public and political support for driver rehabilitation and increased road safety”
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”
Mike Stiles, Director at The Quinn Partnership, said: ‘This is a dynamic management team with considerable experience in the driver market. With the support of Palatine, the business is well placed to gain significant growth in the new era’
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