Top Track 250

With roots in Lloyd’s insurance market, this firm, founded in 1968, provides outsourced technology and consultancy services to insurers. Led by chief executive Dan Saulter, 42, it has expanded into Ireland, Bermuda and North America, and this year sales grew to £179.3m, boosted by a string of acquisitions in 2019. It is majority-owned by the US private equity firm HGGC, which sold a stake to Canada’s AIMCo last year. During lockdown, its claims management division continued to operate, with more than 90% of staff working from home. It also donated £20,000 to Covid-related causes.

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Company details
Year2020
Rank130
CompanyDavies Group
ActivitySpecialist professional services
LocationCentral London
Sales £m179.3*
Operating profit £m30.4*‡
Main shareholdersHGGC and AIMco (75%), management (25%)
Staff3,750
Founded1968
Websitewww.davies-group.com

If applicable:

* supplied by company   † annualised figure   ‡  profit = ebitda