Training and learning technology firm 3t has issued $100 million of bonds on the Norwegian Stock Market to fund planned strategic acquisitions.

3t works in industries including energy, renewables, marine, construction, gas, electric, water and rail.

It has operations in Aberdeen, Montrose, Glasgow, Newcastle, Teesside, Manchester, London, Bournemouth, North and South America, and the Middle East.

“With a clear vision for the future and a commitment to innovation in training and learning technology, 3t is now poised to capitalise on emerging growth opportunities that will see 3t deliver further value for its global customer base, prospective customers, and investors,” said the firm.

“3t’s consistent growth highlights its commitment to the energy, marine and industrial markets, with training and development recognised as being key to securing a world-class workforce of the future.

“Through best-in-class training and immersive blended learning solutions, 3t is leading the way in re-skilling and up-skilling people and workforces internationally across safety-critical industries including energy, renewables, marine, construction, gas, power and water.”

3t CEO Kevin Franklin said: “This financing will provide us with the necessary resources to pursue strategic opportunities we have on the horizon complementing our existing capabilities.

“These plans will accelerate our expansion into growing markets, ultimately fortifying our position as the industry frontrunner.”

3t is backed by specialist investor Bluewater.

3t partnered with Arctic Securities and Pareto Securities as joint backers, facilitating initial investor attraction.

The bonds will be listed on the Norwegian Stock Exchange.