Transportation research specialist TRL is looking to expand worldwide following a financial boost from London-based private equity firm Blandford Capital.
There are no details of the money involved but Blandford has made "a significant strategic investment to accelerate growth", TRL says.
“This is an important milestone for TRL and we are delighted to partner with Blandford Capital, who clearly share in our vision of the future," says Paul Campion, TRL CEO.
"The investment will enable us to increase our support to our existing clients including the Department for Transport, National Highways and private sector companies as they pioneer sustainable and inclusive transport solutions.”
David Morris, Blandford's founding partner, says: “TRL’s research, technology, and safety expertise is self-evident, and we are excited to play a small part in shaping the future of transport alongside the talented TRL team.”
The investment will provide "the resources and momentum needed to deliver cleaner, safer, and more efficient transport solutions that are accessible to all", insists TRL.
"By leveraging cutting-edge research, advanced technologies, and real-world testing, TRL will drive meaningful change in the transport sector — shaping policy, supporting innovation, and creating a future where sustainable and inclusive mobility is a reality."
Blandford is not a transportation specialist. It describes itself as "a sector-agnostic, transformative investor supporting companies to navigate special situations through equity and debt solutions."
