3t Energy Group (Bournemouth, United Kingdom), described as a market-leading provider of training, learning technology, and simulation solutions, is helping re-skill workforces to support the energy transition market by acquiring Utility and Construction Training Ltd. (UCT).
According to the company, the seven-figure deal reinforces 3t’s growth plans in the United Kingdom and globally, where it offers world-leading training through its Drilling Systems, AIS Survivex, 3t Transform, and 3t EnerMech businesses.
With U.K. training bases in London, Manchester, and Glasgow and a team of 31 employees, UCT supports major utility groups across the country. UCT describes itself as the only organization offering industry-accredited energy transmission and distribution courses in the United Kingdom and is one of only a few providers with training offered across the whole utility sector.
“UCT’s strong presence within the utility market, in addition to the long-standing relationships it has developed with some of the sectors’ major organizations, makes this a highly logical acquisition for both businesses,” says John Killen, CEO of UCT. “The technology and innovation that 3t adds to our service offering will ensure we can continue to support our customers in all areas of training as well as new immersive technologies, all while providing excellent training facilities as we expand throughout the United Kingdom.”
According to 3t, the combined expertise of both firms will accelerate its offerings in the wider energy market while supporting clients in their move to zero-carbon activities, as well as supporting the U.K. decarbonization roadmap to up-skill and re-skill workforces.
3t Energy Group, which is backed by specialist private equity firm Bluewater Energy, believes the acquisition will ensure that workforces in critical safety roles across the energy and utilities sectors meet the highest levels of safety, compliance, and competence.
“UCT and its strong track record provides a fantastic opportunity to combine our transformational training capabilities in the energy and utilities sector and will grow our existing presence,” says CEO Kevin Franklin. “The acquisition will ensure UCT’s client base will have access to market-leading safety, skills, and technical training, which there is a stronger-than-ever demand for.
“In particular, this acquisition highlights our commitment to the wider energy sector, with training and development recognized as being key to ensuring we have a world-class U.K. energy workforce,” Franklin adds. “This is exactly what we offer at 3t through our businesses (and) the very best-in-class training and immersive learning solutions for our customers and clients. It’s for a safer, smarter, and more efficient workforce of the future.”
The acquisition was advised and managed by Womble Bond Dickinson (UK) LLP.
Source: 3t Energy Group, www.3tenergygroup.com.