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mt Britain's Top 100 Entrepreneurs 2009

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Richard Higham - Acteon

Another oil-business success story this year is Richard Higham's Acteon Group. Acteon comprises 17 businesses that provide specialist technical services to the offshore oil and gas sector, all controlled from the firm's distinctly onshore fenland HQ in Norwich. There has been little let-up in acquisitions.

Since leading a secondary MBO in 2006 backed by First Reserve, CEO Higham has bought six businesses worldwide, including Fluke Engenharia of Brazil for £19.5m and Singapore's Cape Group for £3.7m. Acteon has operations in Europe, America, the Middle East and Asia. In 2008, it made £34.6m profit on sales of £309m, although 2009's results may be less stellar. On these figures, it should easily be worth £200m in today's climate, valuing Higham's stake at £52m.

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COMPANY INFORMATION

Position: 2nd

Sector: Care homes

Wealth £m: 52

Lastest t/o: 309

% 5 yr rise in t/o: 713

Employees Latest: 1,595

% 5yr rise in Employment: 587

Score: 41

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