Double digit growth places brokers in mid-market ranking

Towergate and BGL Group have been identified as two of Britain’s top mid-market companies after featuring in The Sunday Times Top Track 250.

Towergate ranked 39th after operating profits grew 29% to £135.5m, while sales were up 7% to £439.1m last year.

BGL Group leapt 27 places to rank 42nd. Sales grew by 19% to £428.6m and operating profit by 12% to £117.2m in the year to June 2012.

The Top Track 250 ranks private British companies with a turnover of between £130m and £650m. Companies must be profitable and report a greater than 10% increase in sales or operating profit in their latest accounts.