Survitec group is one of only two Northern Ireland companies to have ranked in the latest Sunday Times Deloitte Buyout Track 100. The list ranks Britain’s top 100 private equity-backed companies with the fastest-growing profits. The Survitec group has been commended on the list for their contribution to the local economy in the last two years, despite the global downturn. Survitec management team has grown profits 31% per year from £16.2m in 2007 to £27.7m in 2009 and are looking to continue this success into 2010.
Now in its fourth year, The Sunday Times Deloitte Buyout Track 100 annual league table is compiled by Oxford-based research and networking events company Fast Track. The results show that private equity-backed businesses in Northern Ireland such as Survitec are continuing to achieve strong profit growth through performance improvement measures and refreshed strategies. The companies in Northern Ireland feature on the league table alongside well-known names such as self-service coffee machine operator Coffee Nation, clothing retailer Jack Wills, online DVD rental company LOVEFILM.com and discount retailer Poundland.