London company Adapt links up with telecoms providers to resell network services such as internet connectivity, server co-location, managed networks and video/ voice over internet. In 2006, founder and chief executive officer Peter Knight led a £7.5m management buyout from its parent company Margolis, backed by a mixture of debt and equity investments from HSBC and Mezzanine Financiers. In July this year, Adapt acquired Centric Telecom for £6.3m from Alchemy Partners. With more than 1500 customers, including VNU and Rightmove.co.uk, it boosted its sales 140% a year from £1.4m in 2004 to £7.9m in 2006.

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Company details
Year2007
Rank25
CompanyAdapt
ActivityManaged services provider
LocationCentral London
Average 3 year sales growth140.10%
Latest sales £000s7,929
Staff31
Founded2001
Websitewww.adaptplc.com

If applicable:

* supplied by company † annualised figure