The NFE Group became a market leader in fleet driver training offering innovative speciality health and wellbeing driver training.
NFE Group offers driver training courses to substantial corporate clients across the UK. Their range of training products has grown since their start in 2003 to include risk assessments, advanced driver training, trailer training and stress management. They also have significant service offerings in the rail sector.
Avondale were instructed to seek an investor or trade sale to best support the growth of NFE Group. We researched and approached the market.
A sale was agreed to RED Driving School. RED have over 1,500 driving instructors and operate throughout England, Scotland and Wales. They launched their own successful fleet driver training business in 2018.
RED Driving School CEO Ian McIntosh commented: “With the acquisition of the NFE Group with its very experienced management team, we will be very well equipped to meet the needs of our clients across the UK.”
Andy Neale of the NFE Group said: “NFE has worked hard to get to where it is in the fleet risk management industry and has also developed a leading position in the health and wellbeing market related to driver training. Now with the support and backing of the RED team, we are very excited about the future.”
Following Avondale’s successful completion of the sale, NFE will be led by Andy Neale.
“The team at Avondale, ably led by Simon Baldwin, have just been excellent from start to end. Having never sold a business before I was completely in the dark but having Simon at hand 24/7 to guide and advise was invaluable. I cannot recommend Avondale more highly if you are thinking about selling your business.”
Andy Neale, CEO, NFE Group