The Training Associates Announces Record Growth in 2011 and Partner Search
The Training Associates (TTA), the largest provider of training and development consultants and solutions to Fortune 1000 companies directly or through its partners, announced record growth in 2011 with a 175% increase in sales over the previous year and sales growth of 103% over the last 4 years. TTA projects 2012 sales of over $60 million with continued profits above industry averages.
Because of TTA’s exceptional market position and the tremendous growth opportunities available in a multibillion dollar trainer staffing and consulting market, the company also announced that it is investigating partnering with a private equity group to leverage extensive resources and expand operations globally.
The Training Associates’ CEO Vic Melfa commented, “We have experienced significant growth this past year. Our success is a direct reflection of the market’s need for outsourced training & development professionals and solutions. We are thankful that our clients recognize us as a true partner and entrust us to deliver their expected learning outcomes. With our unique business model and value proposition, TTA holds a very strong position in our market and we look forward to continuing our exceptional growth.”
Due to the rapid global growth of the company, TTA also announced several organizational changes including the addition of senior leadership and support staff to its finance, operations, sales, and training divisions. These changes will aid the company in its short and long-term expansion efforts.Recent Key TTA Highlights:
- Doubled revenue from 2010 to 2011
- Expanded client base across many diverse markets
- In 2011 deployed over 1000 trainers and training personnel worldwide
- Recognized as a Top Learning Provider in the world by HRO Today for sixth consecutive year
- Also ranked #1 Worldwide for Quality of Service by HRO Today
- Earned Top Global Training Outsourcing Award by TrainingIndustry.com
- Doubled staff to over 100
- Doubled headquarters office space
More information is available from Linda Taylor at linda.taylor@thetrainingassociates.com
About The Training Associates
Founded in 1994, The Training Associates has become the largest and most trusted worldwide provider of learning and development consultants for IT and professional business skills training. The Training Associates’ rigorous candidate qualification process has earned the company an outstanding reputation in the industry for contracting with only the highest quality learning professionals. Clients rely on The Training Associates for a full-spectrum of award-winning training delivery solutions including: scalable trainer resources, consulting, project management, train-the-trainer, courseware, curriculum development, and large-scale roll-out services. Learn more at: www.thetrainingassociates.com