Kingfield Heath is the leading business supplies wholesaler, supplying the full range of office and business supplies including computer consumables. The Company also services a broad range of business customers including office supplies dealers and resellers throughout the UK. The Company operates from nine warehouses, including a state of the art central warehouse, near Leicester, and is supported by a Head Office in Sheffield.
LGV backed the current management team, led by Chief Executive Alan Barclay in a £85m buyout from its shareholders, which included interests of the Kaye family and 3i Group plc. LGV introduced Richard Martin, ex- finance director of The Stationery Office, as Chairman.
During LGV's ownership, growth was achieved through market share gain due to a highly efficient distribution network, broadening the product range and by entering new market channels. The Company also was consistently featured in the Sunday Times Profit Track 100 survey of fastest growing private companies.
In June 2007, having negotiated a deal to purchase ISA, a leading computer consumables wholesaler, LGV sold Kingfield Heath to Electra Partners who simultaneously purchased ISA. This deal valued Kingfield Heath in excess of £150m.
