The company was sold by 3i to Phoenix Equity Partners for an undisclosed sum in a deal brokered by PricewaterhouseCoopers.
Jaycare, a former Waddington company which now has 200 employees, was bought by 3i in September 2000 for 29m from Communisis.
Jaycare managing director Keverne Watt said: When we did the buyout in 2000 the economy was tough, but with the tremendous support of our staff we have been able to achieve a great result, for 3i and for the staff themselves.
Along with Watt, the firms management team includes sales director Lyndon Wild, finance director Nick Nolan and operations director David Young.
Have your say in the Printweek Poll
Related stories
Latest comments
"Gosh! That’s a huge debt - especially HMRC! It’s a shock that HMRC allowed such an amount to be accumulated."
"Whatever happened to the good old fashioned cash job! At least the banks didn't take 2-3% of each sale. After 30 odd transactions that £100 quid you had has gone."
"It's amazing what can be found on the "web" nowadays!"
Up next...
Replacement 'will be operational later this year'
Walstead makes decision on Bicester 64pp
'Ridiculous decision'
Unite “prepared to fight” on proposed DS Smith site closure
Also helps mitigate volatile energy prices
