Esteem Systems has been named as the fastest growing UK IT services company in the latest Sunday Times Deloitte Buyout Track 100. Esteem’s annual profit growth of 47 per cent a year, from £1.8m in 2006 to £3.8m in 2008, has placed the company at number 52 in the top 100 fastest growing private equity backed companies in the UK. Joe Connolly, CEO, comments, “Four years on from the Buy Out and our flexible and agile approach to business and the provision of managed IT services continues to serve us and our customers well. We look forward to helping more businesses in 2009.”

This unique survey measures the performance of portfolio companies by profit growth over the latest two financial years. The third annual league table ranks businesses with the fastest-growing profits under £50m, in which private equity holds a stake of at least 20 per cent.

Buyout Track 100 is researched and complied by Fast Track, the Oxford-based networking events and research company that ranks Britain’s top private companies and provides a network for entrepreneurs to meet.

Esteem’s Buy Out in 2004 from the company’s founder was backed by Primary Capital and led by incoming Chief Executive, Joe Connolly.

If you require any further information, please contact our Press Officer on 01937 861000 or e-mail on press@esteem.co.uk