3t expands global reach with acquisition of US safety training firm
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3t deputy CFO Chris Durling and ALL STOP! CEO Adam Lee
Scotland-based high-hazard industries learning provider 3t has acquired US safety-critical training company ALL STOP! for an undisclosed sum.
The strategic move combines 3t’s technological expertise with ALL STOP!’s practical training, enhancing their offering in the US market.
ALL STOP!, a multimillion-dollar business based in Houston and Houma, has seen rapid growth since its founding in 2018. 3t, renowned for issuing over 100,000 certificates annually, serves diverse industries globally and is a leader in the UK’s energy and offshore wind sectors.
Backed by Bluewater, 3t’s projected run-rate revenues are nearing $100 million (around £78m). This acquisition follows 3t’s recent $100m financing through bonds on the Norwegian Stock Market, supporting the firm’s growth trajectory.
Kevin Franklin, CEO of 3t, said: “The acquisition of ALL STOP! represents a significant milestone in our expansion strategy. Combining our digital learning expertise with ALL STOP!’s practical training excellence will enable us to offer world-class safety-critical training in the US.
“ALL STOP! has grown impressively and will continue to be led by Adam Lee the founder. With our combined expertise we will be able to deepen our relationships with existing customers and attract new prospective customers with our dynamic offering.”
Paul Knowles, vice president of training at 3t, said: “A skilled workforce is crucial to the future prosperity of safety-critical industries.
“This acquisition will significantly enhance our ability to expand our comprehensive, high-quality training programs and learning offering that meets the evolving needs of our clients and the industry, ensuring excellence in safety standards and workforce preparedness for decades to come.”
Adam Lee, CEO and founder of ALL STOP!, added: “We are excited to join forces with 3t, a global leader in the high-hazard training industry.
“This partnership will allow us to leverage 3t’s advanced technology and expand our capabilities, providing unparalleled training solutions to our long-standing, valued client base. Our experienced team is looking forward to being an integral part of this journey.”