Announced

Completed

Westbrooke Alternative Asset Management and Trimountain Partners completed the investment in RED Driver Training.

Synopsis

Westbrooke Alternative Asset Management, an alternative asset manager, and Trimountain Partners, a private equity firm, completed the investment in RED Driver Training, a UK’s leading tech-enabled driver education platform. Financial terms were not disclosed. “RED has experienced significant growth in the past 12 months across both consumer and business markets. We are excited to partner with Westbrooke and Trimountain to build on our success and innovate further in both digital and practical driver education. The team at RED across the Billingham and Donnington locations, together with the national network of instructors, have bold plans combined with the right skills to build on RED’s legacy, and take the business forward to its next stage of growth," Seb Goldin, RED Driver Training CEO.

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