Synova Capital (“Synova”), an award winning investor into UK growth companies, congratulates portfolio company Kinapse on achieving its place in The Sunday Times Fast Track 100 place for the third successive year.
Since Synova’s investment in 2012, Kinapse has experienced rapid growth both in the UK and internationally with new offices opened in Asia and the United States. Winning a number of landmark contracts over the period, annual sales have grown from £6.5m to £27.5m, profitability has increased over tenfold and employee numbers have grown from 126 to 440. Kinapse is now a partner to 9 out of the top 10 global pharma companies and is exceptionally well positioned for future growth.
Andy Black, CEO of Kinapse, commented: “I am delighted by our global team’s great achievements this year. Being recognised in this prestigious listing for the third year running is something we should all be very proud of. In partnership with our clients and other partners, we have a built a business which has exceptional potential and we continue to see growth across our Advise-Build-Operate services accelerating today.”