London-based Kelway supplies IT services to more than 3,000 mainly British clients. The company was founded in 1990 by chief executive Phil Doye at the age of 21, and in 2006 Core Capital invested £5m for a 26% stake. Kelway has bought six businesses since 2007, and its most significant service acquisition was cloud computing specialist ISC in December 2010 for an undisclosed amount. Those acquisitions and international growth helped sales rise 47% a year, from £110.8m in 2009 to £350.7m in 2012.
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