UK-based test equipment lessor Microlease has been listed in the Sunday Times Buyout Track 100 for the third year running.
The league table, compiled annually for the last 15 years by research firm Fast Track, ranks Britain’s top performing private equity-backed companies by fastest-growing profits, measured over the last two financial years.
Microlease leapt 12 places to number 72 in the new table, having been one of only 20 companies to have stayed in the table for the last 3 years. The company recorded a £18m profit as of October 2011, and a 31% in profit growth per annum.
Nigel Brown, chief executive of Microlease, said: “We’re delighted that our sustained growth and strong financial performance has led to such a big leap in the Buyout Track 100 league table.
“The result reflects the success of our continuing investments in the business and our commitment to improving the services we offer to our customers, through constant innovation.”
The company expanded its infrastructure in 2011 by opening an additional 25,000 square foot facility in Harrow, Middlesex.