DLT Training LtdDLT Training Ltd

 

Business profile

 

Location: south east Wales

Sector: industrial training

Web site: www.dlt-training.com

 

Investment

 

First round: £150,000

Second round: £40,000

Type: debt

Executive: Rachel Miles

 

Why we invested

 

DLT Training is a successful, well-established company that has been trading for more than 35 years.

 

The company has a reputation for providing high-quality specialist industrial training, which is a growing market. DLT has identified a number of new market opportunities.

 

The outcome

 

In 2006 an employee buy-out was put in place. Finance Wales invested the first funding round when DLT Training was referred by the Wales Co-Operative Centre.

 

DLT Training traded successfully under new management for three years, during which time it repaid almost 50% of the original loan but outgrew its premises. The company approached us for a second investment round to fund relocation and refurbishment costs.

 

The company’s new premises provide warehousing, classroom and office space and will enable DLT Training to expand further.

 

Testimonials

 

“The buy-out has been so successful that we’re able to offer new training services and to satisfy growing market demand.” Jim Matthews, general manager, DLT Training.

 

“DLT Training has performed well since its employee buy-out. We’re delighted to continue to invest the company’s growth.” Rachel Miles, portfolio executive, Finance Wales.