London-based Kelway supplies infrastructure and managed IT services to more than 3,000 clients and was founded in 1990 by chief executive Phil Doye at the age of 21. In 2006, Core Capital invested £5m, taking a stake of 25%. Kelway’s expansion has seen it buy five businesses since 2007, including Panacea in 2009, which serves the Middle East.

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Company details
ActivityIT services provider
LocationCentral London
Sales £m350.7
Operating profit £m9.6
Main shareholdersCore Capital (26%), management & staff (74%)

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda