Fourteen Midland companies are featured in the Sunday Times Deloitte Buyout Track 100 league table, which ranks Britain’s top private-equity-backed companies with the fastest-growing profits over the last two years.
Despite the tough economic climate, the 14 companies with headquarters in the Midlands, up from 13 last year, have added 6,180 jobs over the last two years, employ 17,544 people, and have generated combined profits of £122 million.
The top company in the region is The Works, the discount bookseller based in Sutton Coldfield, ranked 7th nationally.
Bought out of administration three years ago by chief executive Anthony Solomon and turnaround specialists Endless, profits have grown an average 87 per cent a year over the last two years, to an annualised £10.3m in 2011.
The full league table can be found at http://www.fasttrack.co.uk/fasttrack/leagues/bt100programme.html
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