Esteem is fastest growing IT Services company in Sunday Times Buy-Out Track 100
Esteem Systems has been named as the fastest growing UK IT services company in the latest Sunday Times Deloitte Buyout Track 100. Esteem’s annual profit growth of 47 per cent a year, from £1.8m in 2006 to £3.8m in 2008, has placed the company at number 52 in the top 100 fastest growing private equity backed companies in the UK. Joe Connolly, CEO, comments, “Four years on from the buy-out and our flexible and agile approach to business and the provision of managed IT services continues to serve us and our customers well. We look forward to helping more businesses in 2009.”
This unique survey measures the performance of portfolio companies by profit growth over the latest two financial years. The third annual league table ranks businesses with the fastest-growing profits under £50m, in which private equity holds a stake of at least 20 per cent.
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