DLT Training Ltd

Business profile

Location: South east Wales

Sector: Industrial training

Web site: www.dlt-training.com

Investment

Total: £240,000

Type: Debt

Rounds: 3

Completed by: Dave Perez, Rachel Miles and Joanna Boardman

Why we invested

DLT Training is a successful, well-established business specialising in industrial training, including transport and construction training.

Finance Wales invested in the business' 2006 buy-out, a deal completed by Senior Portfolio Executive, Dave Perez.

Outcome

DLT Training continued to work with Finance Wales following our original investment.  The business traded successfully under new management and had repaid its original loan by 2009. 

A number of new contracts meant DLT Training outgrew its premises and required a second investment round from Finance Wales in 2009 to fund its relocation and refurbishment.  DLT Training's new warehouse, classroom and office space have underpinned the business' continuing expansion.

As DLT Training's geographical coverage grew, its management team returned for a third investment round from Finance Wales.  A £50,000 loan will now allow DLT Training to invest in new vehicles, enabling it to enhance its reputation as a high quality, UK training services provider.

Testimonials

"Finance Wales' backing and expertise have had a positive impact on DLT Training's growth for a number of years." Graham Cannon, Managing Director, DLT Training.

"DLT Training's expansion into a leading UK training provider is a great success story.  We're particularly proud to be associated with this growing business." Joanna Boardman, Portfolio Executive, Finance Wales.