TTC Group has appointed Roy Hastings as its new Chief Financial Officer as part of its strategic drive to expand into complementary regulated training markets.
The move follows the company's recent acquisition of Miad Healthcare and the earlier addition of Synergie Training, a firm specialising in construction and infrastructure training. Roy Hastings will take over from the retiring Richard Boothroyd.
Roy Hastings joins TTC from FluidOne, a Connected Cloud Solutions provider. He brings extensive experience in the public and private sectors, particularly in private equity-backed businesses. As a fellow of the Institute of Chartered Accountants in England and Wales, he has established a notable track record in securing strategic acquisitions and significantly increasing revenue.
Before his tenure at FluidOne, Roy Hastings contributed to the rapid acquisition and integration programme at Property Information Exchange prior to leading its sale to a listed North American acquirer. His background also includes a position as CFO of The Practice Group, the largest independent provider of primary care services to the NHS, before its trade sale.
Roy Hastings' earlier career featured a role as M&A Director at a FTSE 100 company and over a decade with Ernst & Young's corporate finance advisory division, handling corporate finance transactions with valuations between GBP £1 million and GBP £5 billion.
Commenting on the appointment, David Marsh, CEO of TTC Group, stated: "The recruitment of Roy will prove crucial as we continue to scale the business, bringing his experience from businesses that have gone on a similar growth story to the path that lies ahead for us. Roy's understanding of our customer base, the product types we are looking to grow into and his knowledge of private equity stood out. We have numerous opportunities in the pipeline which we feel confident of securing with our newly bolstered team and achieving our strategic objective of being the UK's go-to training and compliance expert. I am personally really excited about Roy becoming part of our fantastic team here at TTC and what he will bring to the future."
Roy Hastings expressed his enthusiasm about the new role, saying: "I'm delighted to be joining David and the exceptional team at TTC during such a pivotal time. I am looking forward to leveraging my experience to deliver the planned strategic expansion into new regulated markets and to help the group continue its impressive growth trajectory. TTC's commitment to excellence and innovation aligns perfectly with my own professional values, and I am excited to become part of the business as it continues its path down an ambitious growth and acquisitions-led future."
Roy Hastings' appointment is seen as a strategic enabler for TTC as it embarks on a new phase aimed at strengthening its position within adjacent compliance and learning markets. His vast experience in mergers and acquisitions is expected to aid in the consolidation of further strategic acquisitions for the company.
