Three insurance brokers appear in national profit league
The Deloitte and Touche sponsored Sunday Times Buyout Track 100 features Giles, RFIB and Oval in its list of UK private equity-backed companies with the fastest-growing profits.
The supplement, which is based on research conducted by Fast Track, analyses private equity-backed businesses with the fastest growing profits in the last two years and then ranks them by their EBIT.
During the period analysed Giles' profits have risen 90% a year from £6.3m in 2007 to £22.8m in 2009 achieving 13th place for the company, down from 3rd in 2009. Fellow brokers RFIB and Oval were ranked 21st and 85th respectively, neither featured in the 2009 survey.
Chris Giles, chief executive of
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