The Training Associates Announces Record Growth in 2011
Westboro, MA (USA), April 2012 - The Training Associates (TTA) has announced a record growth in 2011, with a 175% increase in sales over the previous year and sales growth of 103% over the last four 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 multi-billion dollar trainer-staffing and consulting market, the company has 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 comments, -œWe have experienced significant growth this past year. Our success is a direct reflection of the market's need for outsourced training and development professionals and solutions. With our unique business model and value proposition, TTA holds a very strong position in our market.-
Due to the rapid global growth of the company, TTA has 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
- ranked #1 worldwide for Quality of Service by HRO Today
- doubled staff to over 100
- doubled headquarters office space
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