News story
The Training Associates Reports Record Sales for 2012
Westborough, MA (USA)Learning NewsTTA
The Training Associates™ (TTA™), the largest provider of IT training professionals and solutions to organizations, reported record Q4 profits and annual revenue. Revenues for the quarter ending December 31, 2012, were $13.7 million, a 23% increase over the $11.2 million reported for Q4 2011. Year-end revenue for 2012 was $71.2 million, a 30% increase over the $55 million reported for 2011.
“2012 was an outstanding year for The Training Associates,” said Vic Melfa, CEO. “With our proven processes in place to deliver top-notch training professionals and expert consulting services, we continue to enable organizations with the training they need, when they need it – without the fixed overhead associated with hiring a large training staff, or the delays, classification risks, and administrative burdens associated with recruiting training contractors directly.”
Melfa added that the Company is actively speaking with Growth Private Equity Groups and Late Stage Venture Capitalists about minority investments for a major expansion and recapitalization.