Inflexion Private Equity could make more than six times its money on FDM Group as it prepares to exit the IT firm for £200m (€247.2m), according to the Independent.
Inflexion delisted Brighton's FDM from London's AIM exchange in March 2010, spotting a bargain when it met an enterprise value of £28.4m, paying around 5.3x the company's earnings. In 2009, FDM's Ebitda had grown to £5.5m from £4.3m in 2007.
The business has grown since then, making operating profit of £16.3m last year as it continues to serve the likes of the BBC, Barclays, HSBC, the AA, BSkyB, Detica and British Airways.
A sale is not expected to go ahead until September, once the Olympic Games and Euro 2012 are out of the way.
FDM is the largest IT graduate employer in the country and came 18th in the Sunday Times Buyout Track 100 for 2012.