CEO John Dawson claims that the purchase of Cambridge Laboratories in 2010 had a ‘big impact’, adding 18 new prescription products to the company’s portfolio.
The business’s expertise lies in its dermatology and urology and oncology products, which Dawson explains form the ‘bedrock’.
It has the funds to do so – its surprisingly helpful bank recently matched a placing pound-for-pound to give the company a handsome war chest.
‘In the past six months we’ve been offered almost an acquisition a day,’ says Makeham.
Chief executive Andy Makeham has presided over a transformational year at K3.
Following an intensive period of building its internal infrastructure, which involved some careful management team integration, the Manchester-headquartered business is fuelling growth by targeting acquisitions that will deliver more customers.
In July this year, the company marked a significant milestone – VPO saved its billionth kilowatt of energy for Power Perfector’s clients – the equivalent of turning off the power to London for nine days.
CEO Angus Robertson comments, ‘The billion barrier outlines the pivotal role that energy efficiency can play in delivering a sustainable power supply in the future.
In April this year, private equity investor 3i acquired a significant minority shareholding in GO Outdoors from YFM Equity Partners, which originally backed founders John Graham and Paul Caplan in 1998 when the business had only one shop.
This was followed by the acquisition of Indian Dating.com, which took Cupid into the vast sub-continent.
And its latest deal, for two Brazilian websites, is not only potentially lucrative, but also means Cupid is active in seven core international regions.
Seeking to identify the 50 fastest-growing companies in the UK, the annual Rising Stars ranking is the only such research to consider both profit and turnover growth in its assessment.
The Rising Stars have combined sales of £1.4 billion, up 7 per cent on last year’s list, while total profits have reached £287 million, It’s been a busy 12 months for the online dating business formerly known as Easydate.