WESTBOROUGH, Mass.--(BUSINESS WIRE)--The Training Associates (TTA), the largest global provider of training talent and solutions to Fortune 500 companies directly or through its partners, announced a 62% sequential sales growth in Q2 2013. The Company also announced that it was recognized by the Staffing Industry Analysts (SIA) as the nation’s fastest growing training staffing company with a compound annual revenue growth rate of 32.2% over the four year period.
“With our continued broad market penetration and the hiring of new senior executives, we are well positioned to partner with a minority growth equity investor or late-stage venture capital firm who is a good fit and understands TTA’s potential to quickly achieve much greater market share”
The Training Associates CEO Vic Melfa commented, “As we forecasted, our revenue for Q2 was strong due to our continual penetration of new key accounts such as Volvo Trucks, Expedia and Juniper Networks, and the growth of existing business from quarter to quarter.”
The company has also announced the hiring of two key executives. Scott Margason, 11 years head of both Accenture’s Global Learning Delivery and then NA Industrialization, was appointed COO. David Larson, former Executive Director of Strategic Alliances at Learn.com joined TTA as EVP of Worldwide Sales. “With our continued broad market penetration and the hiring of new senior executives, we are well positioned to partner with a minority growth equity investor or late-stage venture capital firm who is a good fit and understands TTA’s potential to quickly achieve much greater market share,” Melfa said.
About The Training Associates
Founded in 1994, The Training Associates (TTA) is the largest global provider of training talent and solutions. TTA’s stringent quality procedures, vast network of over 25,000 diversely skilled IT and professional skills training delivery and design consultants, and convenient training delivery administration services enable organizations to secure top‐notch training professionals, on demand. Importantly, they can accomplish this without the fixed overhead associated with a large training staff, or the delays, classification risks, and administrative burdens associated with recruiting training contractors directly. With unparalleled experience and expertise in all aspects of training delivery, TTA is best equipped to meet the unique requirements of each training initiative – regardless of size, scope, or location.
Directly or through partners, more than 1,000 organizations – including most of the Fortune 500, all government departments and military branches, major consultant and training companies, and major colleges and universities – rely on TTA for a variety of training delivery services including consulting, project management, train‐the‐trainer, courseware, curriculum development, and large‐scale training rollout management. TTA’s numerous awards reflect their commitment to help organizations use training to increase productivity, reduce costs, and drive revenues. Learn more at www.TTACORP.com
The Training Associates and TTA are trademarks of The Training Associates.