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The Training Associates Q4 revenue up 23%

February 05, 2013

Fourth-quarter revenue at The Training Associates rose approximately 23 percent to $13.7 million from  $11.2 million in the fourth quarter of 2011. The Westborough, Mass.-based firm provides learning and development consultants for information technology and professional business skills training.

2012 revenue was $71.2 million, a 30 percent increase from $55 million in 2011.

The company reported it is actively speaking with growth private equity groups and late stage venture capitalists about minority investments for a major expansion and recapitalization.