Founded in 1996 by Charles Nasser, 47, this London company sells IT hosting, networking and communications services to more than 5,800 businesses, including Airbus and Peugeot. It has 24 offices in seven European countries after making 15 acquisitions since 2014 with backing from Goldman Sachs, Ares and RBS. International sales reached £58.4m in 2016. Last month, private equity firm Tikehau Capital announced it was investing £80m in the business for a minority stake.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2017
Rank170
CompanyClaranet
ActivityIT services provider
LocationCentral London
2-yr av intl sales growth pa23.48%
International sales £000s58,400
Total sales £000s152,500
Staff980
Founded1996
Websitewww.claranet.com

If applicable:

* Supplied by company † Annualised figure