Mapeley

1

Mapeley Limited is a Guernsey-based outsourcing and property investment business. It was previously listed on the London Stock Exchange and constituent of the FTSE 250 Index.

History

The company was founded in 1999. In 2001, it entered into an outsourcing contract with HM Revenue & Customs. In 2000 it purchased a portfolio of properties from Abbey and then leased them back again to Abbey. Then in 2006 it secured a major outsourcing contract from the Identity and Passport Service. The company was listed on the London Stock Exchange in 2005, before being delisted in 2009 after facing significant headwinds and poor share price performance.

Operations

The company has operations organised as follows:

Ownership

The group is privately held, with Fortress Investment Group understood to be the largest shareholder.

This article is derived from Wikipedia and licensed under CC BY-SA 4.0. View the original article.

Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc.
Bliptext is not affiliated with or endorsed by Wikipedia or the Wikimedia Foundation.

Edit article