This facilities management company helps to keep buildings running smoothly for the likes of Sara Lee, the food firm, and Logica CMG, the computer consultancy. Covion doesn’t stop at IT or secretarial support, but will provide anything from fire-prevention services and pest control to laundered workwear and interim management. The firm was founded in 2000 by David Steventon and Frank Rodriguez with business-angel investment. Earlier this year Steventon led a £10m management buyout and says the company’s six original investors received a return of 10 times their investment. An increase in contract size has boosted Covion’s sales 233% a year, from £279,000 in 2001 to £10.3m in 2004.
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