OfficeTeam

Last year, this office-supplies company was acquired by Hermes Private Equity from Bridgepoint Capital in an £86m management buyout led by OyezStraker’s chief executive Jeff Whiteway and chairman Hugh Sear. It was formed in 1997 when Bridgepoint merged two separate investments, Straker Office Supplies and the Solicitors Law Stationery Society. Since the buyout there have been several acquisitions and some disposals, but pro-forma results for the year to August 2005 reveal sales of £151m.

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Company details
Year2005
Rank198=
CompanyOfficeTeam
ActivityOffice supplies distributor
LocationCroydon
Sales £m*151.0
Operating profit £m*15.0
Main shareholdersHermes Private Equity (>50%)
Staff1,120
Founded1997
Websitewww.officeteam.co.uk

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda