Redline was founded in 2006 and is a global leader in the delivery of government-standard security training and solutions to international airports, airlines and aviation sector related companies, critical national infrastructure, stadia and event managers, and corporates. Its products and services encompass training, quality assurance, compliance management and security consulting.
The business is headquartered at the National Security Training Centre at Doncaster Sheffield Airport. It is accredited by the Civil Aviation Authority under the Quality Assurance framework and is the UK's only International Civil Aviation Organisation ("ICAO") Aviation Security Training Centre, actively supporting the ICAO objective of ensuring that "no country is left behind" in the development and implementation of aviation security standards.
In 2013, the business received growth capital funding from Mobeus Private Equity to allow Redline to accelerate a rollout of its services into new international markets and sectors.
Following an unsolicited approach from London Stock Exchange listed Air Partner plc the Park Place team worked closely with Redline to assist in the preparation and presentation of the business and its financial performance, clearly demonstrating its value to the purchaser. Park Place led the negations on behalf of the vendors and successfully concluded a disposal to Air Partner for £10m.
Paul Mason, founder and CEO of Redline commented “on behalf of the entire board of directors at Redline I would like that thank both Tim and Ian from Park Place for their professionalism, support and dedication throughout the process. They helped ensure that Redlines intrinsic value was appropriately presented such that the purchaser clearly understood the significant investment that had been made in the business and how this was driving its future potential. The timetable for the transaction was extremely taut but Park Place worked tirelessly, often around the clock, to deliver a successful conclusion for all shareholders.”