Paladone has been named amongst the UK’s fastest growing private-equity-backed businesses, underlining the positive impact growth businesses are having on the economy, according to a new report.
The inaugural Private Equity Value Report from Real Deals, developed in association with BDO, found that growing PE portfolio companies achieved an average EBITDA increase of 58.9% over the same three-year period while average revenues grew by 22.2%.
Accountancy and business advisory firm BDO commissioned the research to understand the impact that private equity investment is having on the growth of the economy. The data was drawn from the most recent three years of accounts filed with Companies House. Paladone was featured in a list of the fastest growing businesses in the South-East UK, which were showcased for their achievements over the past three years, including EBITDA growth and job creation.
Jim Downey at Paladone, said: “It’s fantastic to be named alongside so many impressive businesses and is testament to the support of our investors and the hard work of our team. It’s important to shine a light on the positive impact that private equity investment can have on business’ ambitions and their contribution to their industries and the economy.”
A BDO LLP spokesperson, added: “Despite the challenges of the past three years, this research demonstrates PE-backed businesses are a resilient and dynamic segment of the UK economy. There’s often a focus on the level of deal activity and headlines around exits but we should also celebrate the value created by investors and management teams working hard to deliver against their growth plans.”
Note: The research is based on data captured for UK businesses that were private equity-backed as at 31/12/2020 and filed group-level accounts in the three years from 2020 to 2022. Companies in scope were those with a turnover of between £10m and £300m in the latest financial accounts and which registered an increase in EBITDA between FY20 and FY22. The full methodology is available in the report.
