etc.venues has been rewarded for strong performance and sustained growth by being ranked in the Sunday Times Buyout Track 100 - the annual league table that features Britain’s 100 private equity-backed companies with the fastest growing profits.
etc.venues managing Director, Alastair Stewart was delighted to be recognised in the top 100 for the second year running and commented:-
"Despite a recessionary economy we have continued to grow by focusing on customer service as our number one priority. The opportunity for us remains a huge one as we see more and more of our clients moving away from expensive residential conference venues and hotels to high quality , great value, non-residential city centre venues easily accessed by public transport.
Growth needs investment and the strong support we continue to receive from our private equity partner, Dunedin Capital Partners has given us the financial strength we need to build a pipeline of new venues to continue our growth."
Read more on the Sunday Times website.
Companies have to meet the following criteria to be able to enter the Fast Track 100 league table:
UK registered, unquoted, and not subsidiary
Sales of at least £250,000 in the base year of trading (latest year minus 3 years)
Sales of at least £5m in the latest year
Ten or more employees in the latest year
Operating profit of at least £500,00 in the latest year
Year-on-year sales growth in the latest year