Partner Article
Gateshead firm plans national expansion following MBO
Gateshead-based TRN (Train) Limited is looking to open up training centres in major cities such as Manchester, Leeds and London after being bought out by its management team.
The company, which was founded in 2002, currently employs over 20 people at its Gateshead base with plans to create further jobs as the company expands.
TRN (Train) Limited specialises in providing workplace training and skills for workers in the construction and health and social care sectors, as well as delivering Government-funded training programmes to young people and to help unemployed people back into work.
The company’s MBO was assisted by law firm Ward Hadaway.
Managing director Mark Hewitt said: “We are looking to really grow the business on the back of the MBO – these are very exciting times for all of us at TRN (Train) Limited.
“At the moment we have construction training skills centres in Gateshead and Middlesbrough as well as satellite centres focusing on health and social care in South Shields and Middlesbrough
“Following the MBO, we are now looking to go into places such as Manchester, London and Leeds to help more people with skills training and assist more people to get back into work
“In addition to expanding the company geographically, we are also looking to grow our involvement more in the health and social care and construction sectors and to extending the amount of apprenticeships and traineeships which we deliver.
“We want to roll out our business plan in a controlled manner but now we have concluded the MBO we are very much in control of our own destiny.”
This was posted in Bdaily's Members' News section by Ellen Forster .
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