Westborough Firm Seeks Investors As Revenue Rises
The Training Associates (TTA) of Westborough has reported a record quarter of profits, with sales to match.
TTA, a private company, is hoping to use the increased sales and revenue numbers to attract equity investors to help the company grow. TTA said it's interviewing merger-and-acquisition advisors to help find suitable investors.
The company, which provides learning and development consultants for information technology and professional business skills training, said revenue for the second quarter, which ended June 30, was $26.1 million, compared to $14.6 million last year.
CEO Vic Melfa said more training professionals were deployed during the quarter, which accounted for the growth, as well as an increase in consulting services across several industries.
"In addition, we have had a strong penetration into the government and international markets with key personnel placements and investments," he said.
(Editor's note: An earlier version of this story had incorrectly spelled Vic Melfa's last name.)
Read more
Training Associates' 'Broad Bank Of Resources' Has Global Reach
WBJ Web Partners
Most Recent
Most Recent
0 Comments