Inverness-based Synergie Training has been sold in a deal overseen by KBS Corporate which gives the buyer, TTC Group, strategic entry into the construction and infrastructure sector.
Synergie, established in 2009, is a UK and internationally recognised provider of construction, civil engineering and IT training courses and has worked with an extensive list of well-known clients including BT, Shell and the NHS.
TTC Group has, for over 30 years, pioneered road safety education for corporate and private drivers, delivering programmes to over 500,000 individuals per year. Its services include licence checking, road safety and driver rehabilitation courses.
The acquisition of Synergie is part of Telford-based TTC's (Trusted Training and Compliance) entry into the broader health and safety marketplace, enabling the expansion of its driver-related product suite to support large construction and infrastructure companies.
"We are delighted to be joining the TTC family of trusted training and compliance solutions,"
commented Steven Nelson, Synergie Training's Managing Director.
"As a tech-enabled business, TTC represents an exciting and significant opportunity for Synergie Training to make our training programmes even more accessible to our existing clients, whilst offering improved scalability for us to deliver the best possible training en masse to the construction and infrastructure sector."
TTC said its partnership with Synergie will upgrade the array of courses available to help ensure construction and infrastructure workers across the nation can operate safely and competently. The construction sector remains the industry with the highest number of fatalities across Great Britain, according to the Health & Safety Executive.
"2024 marks TTC entering a new strategic phase, backed by financial investment from Pricoa Private Capital,"
said Jim Kirkwood, TTC's CEO. "The acquisition of Synergie Training is an excellent first step into this complementary and adjacent market where compliance and learning are key.
"Synergie has an enviable reputation for quality training and outstanding service, boasting a rarely achieved Net Promoter Score of 100. Its method of delivery is very similar to our own ‘book-pay-deliver' model but currently largely delivered manually and face-to-face.
"This is a fantastic opportunity to further leverage our tech-enablement and virtual training skills to increase Synergie's customer base still further, while also accelerating growth into new areas such as environmental training."
Nathan Leah, Associate Director at KBS Corporate, oversaw the sale and quickly identified both Synergie Training and TTC Group as being an ideal fit for their respective requirements.
"Synergie Training demonstrated a progressive service model, high-calibre clients and an exponential growth profile,"
said Nathan.
"It was evident early in our process that Synergie commanded high-calibre interest from the market. We were flattered by the volume and calibre of interest, but it became very clear TTC were the correct purchaser for Synergie Training.
"I strongly believe this acquisition of Synergie Training by TTC will be an incredible success for all involved."
Nathan also expressed his thanks to all parties at Synergie Training and TTC, as well as all advisers involved, for a collaborative and positive deal process.
In particular, special thanks to Harriet Jones and Guvvy Sandhu of Mackrell Solicitors for what Nathan described as "their highly valued efforts and diligence in the sell-side legal process".