The Capita Group Plc
(), commonly known as Capita
, is a business process outsourcing
company headquartered in London, United Kingdom. It is the largest business process outsourcing company in the UK, with an overall market share of 27% in 2009, and has clients in central government, local government and the private sector.
It is listed on the London Stock Exchange
and is a constituent of the FTSE 100 Index
Capita was formed in 1984 as a division of CIPFA
(Chartered Institute of Public Finance and Accountancy). It became an independent company with 33 staff as a result of a management buy-out in 1987, led by Rod Aldridge, and was first listed on the London Stock Exchange
in 1991. Capita continued to grow year on year.
In March 2006 Executive Chairman Rod Aldridge OBE
resigned in the aftermath of claims that contracts awarded to the Group were influenced by his loan of £1 million to the Labour Party. Aldridge resigned saying that he denied the claims, but to avoid any lingering doubts about it, he was leaving the company. Aldridge is a life-long Labour supporter, and had overseen the company's growth from a small company in 1987 to a......