Mapeley
From Wikipedia, the free encyclopedia
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| Type | Privately held company |
|---|---|
| Industry | Property |
| Founded | 1999 |
| Headquarters | Guernsey |
| Key people | Wes Edens Chairman Jameson Hopkins CEO |
| Revenue | £417.4 million (2007) |
| Operating income | £(39.9) million (2007) |
| Net income | £(124.9) million (2007) |
| Website | www.mapeley.com |
Mapeley Limited is a leading Guernsey-based outsourcing and property investment business. It was formerly listed on the London Stock Exchange and constituent of the FTSE 250 Index.
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[edit] History
The company was first established in 1999. In 2001 it entered into an outsourcing contract with HM Revenue & Customs.[1] In 2000 it purchased a portfolio of properties from Abbey and then leased them back again to Abbey.[2] Then in 2006 it secured a major outsourcing contract from the Identity and Passport Service.[3]
[edit] Operations
The company has operations organised as follows:
- Outsourcing - contracts with HM Revenue & Customs, Abbey and the Identity and Passport Service
- Direct property investments - individual property portfolios
[edit] Ownership
Fortress Investment Group owns circa 51.4% of the company.[4]
