Six travel firms have made it into a league table of the top 100 fastest-growing private equity-backed businesses in the UK.
The Trainline, ATP International, Qhotels, London City Airport, Titan Airways and Park Resorts all feature in the Sunday Times Deloitte Buyout Track 100 league table, which tracks mid-market companies with the fastest-growing profits over the last two years. It is the second year the table, sponsored by Lloyds TSB Corporate Markets, has been published.
The Trainline, which employs 130 staff, came seventh in the table. It was bought by Exponent Private Equity from Virgin in a £163 million deal in June 2006. Profits at the firm have increased 100% a year over the last two years to £18.7 million in 2007.
Business travel agency ATP International came 34th in the list. Its profits rose 57% a year over the last two years to £6.7 million.
Hotel operator Qhotels came 41st, airport operator London City Airport came 55th, Titan Airways came 65th and caravan park operator Park Resorts came 73rd.
Companies are ranked in the table according to their annual compound profit growth over the two years to their latest accounts. Profits had to exceed £1 million in the base year and between £3 million and £50 million in the latest accounts.
- View the PDF of the Sunday Times Deloitte Buyout Track 100 league table.