TTC Business Services https://www.thettcgroup.com/ TTC is a leading provider of road user education and compliance services in the UK. Key Facts Initial Investment: 05/07/2017 Sector: Health & Education Buyout Fund III Status: Realised Investment Highlights Helped source and execute both the Business Driver and Licence Bureau acquisitions which significantly enhanced the business’ corporate driver training offering. Introduced a CFO with significant private equity, education and buy and build experience. Significant digitisation within the business, including moving to online course delivery. Successfully developed a proprietary driver risk and compliance platform, Continuum. Revenue growth of circa 50% and profitability more than doubled during our investment period. Successfully exited the business via a secondary management buyout backed by Pricoa generating a 2.7x return Partnership motivation We were excited to partner with TTC given the strong public and political support for driver rehabilitation and increased road safety. We were impressed by the talented and highly experienced management team with a robust business model to deliver significant growth. The management team had a track record of making acquisitions and had identified the opportunity to broaden the product offering in what remained a fragmented market. The partnership we have enjoyed with Palatine has been highly successful over the last four years, based on a close, collaborative and supportive relationship. Together we have achieved a huge amount as we professionalised the business, investing significantly in digital technology and recruiting a talented and ambitious management team. We have enhanced relationships with our major stakeholders in our Police business and secured new contracts with the Northamptonshire, West Yorkshire and Wiltshire forces. Our corporate division has been transformed as a result of the acquisitions and investments we have made, underpinned by our innovative TTC Continuum technology platform. Jim Kirkwood CEO – TTC Investment Team Tony Dickin Partner Tony.dickin@palatinepe.com James Painter Investment Director James.painter@palatinepe.com Richard Thomas Senior Investment Director richard.thomas@palatinepe.com Gary Tipper Managing Partner gary.tipper@palatinepe.com Contact info@palatine.com Offices Manchester Chancery Place 50 Brown Street Manchester M2 2JT 01612144730 London Strand Bridge House 138-142 Strand London WC2R 1HH 02079682750 Birmingham Somerset House 37 Temple Street Birmingham B2 5DP 01213120659 Newsletter Sign up below to recieve our latest news and updates. SUBSCRIBE Links ESG Policy Privacy Policy Stewardship Code ©Palatine Private Equity Palatine Private Equity LLP is authorised and regulated by the Financial Conduct Authority. Registered Office: Chancery Place, 50 Brown Street, Manchester, M2 2JT. Registered in England and Wales No: OC 315480 This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.