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3t Acquires ALL STOP! to Expand Safety-Critical Energy  Training in the US

3t Acquires ALL STOP! to Expand Safety-Critical Energy  Training in the US
 

  • 3t, the UK’s no.1 provider of blended learning solutions for high hazard industries, acquires ALL STOP!, a leading safety-critical training business in the US.
  •  Together they will offer an unparalleled training solution in the US market and are poised to lead the way in safety-critical training, ensuring workforces have the necessary essential skills for the energy transition and beyond.
  •  Kevin Franklin, CEO of 3t, said, “Combining our digital learning expertise with ALL STOP!’s practical training excellence will enable us to offer world-class safety-critical training across the US. This marks a significant step forward in further enhancing the quality and reach of our training programs.”

    12th June 2024: 3t, the UK’s no. 1 provider of blended learning solutions for high-hazard industries continues to expand its international presence, with the announcement of its acquisition of ALL STOP!, a leading safety-critical training business in the US. This strategic tie-up will combine ALL STOP!’s exceptional practical training with 3t’s market-leading learning technology to create an outstanding enhanced offering for the US market.

ALL STOP! was founded in 2018 in Houston, Texas, and in that time has seen impressive growth, and is now an established multimillion-dollar revenue business with a second facility located in Houma, Louisiana. The team at ALL STOP! have achieved this by prioritizing customer needs and a dedication to maintaining top-tier facilities.

3t is renowned for its world-class high-impact training, issuing over 100,000 certificates annually and offering more than 600 courses across 10 global training centres. 3t’s best-in-class facilities include survival centres, working at height units, and marine facilities serving diverse high-hazard industries, including oil & gas, marine, renewables, water, and electric. 3t is the number one training provider for the UK’s energy and offshore wind sectors, and a major player globally.

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.”

3t combines its practical training expertise with cutting-edge technology. Their advanced learning technologies include leading drilling and well control simulation, state-of-the-art VR training programmes, digital twinning, bespoke learning content, and the all-in-one learning, training, and competency management platform, 3tx.

This acquisition further cements 3t as an industry leader in securing a skilled, competent workforce of the future, prepared to support the energy sector.

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."

3t is backed by specialist investor, Bluewater, whose partnership model has helped drive the company’s ambitious growth strategy to where projected run-rate revenues will be in the region of $100mn as FY24 closes.

Adam Lee, Founder of ALL STOP!, said, “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.”

The acquisition quickly follows 3t’s recent announcement as it secured $100mn of financing through bonds issuance on the Norwegian Stock Market, specifically setting the business up to deliver on its ambitious growth trajectory.

Read the latest issue of the OGV Energy magazine HERE

Published: 12-06-2024

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