When was capita founded

We are driven by our purpose: to create better outcomes — for our employees, clients and customers, suppliers and partners, investors, and society. We are committed to being a responsible business — in how we operate, serve society, respect our people and the environment, and deliver attractive returns to our investors.

Every day we help millions of people, by delivering innovative solutions to transform and simplify the connections between businesses and customers, governments and citizens. We deliver innovative solutions — to simplify the connections between businesses and customers, governments and citizens.

The Board determines the strategic objectives and policies of Capita to best support the delivery of long-term value.

Capita is a consulting, digital services and software business, delivering innovative solutions every day. Our executive committee consists of functional heads and Executive Officers, accountable for their function or division. At Capita, we live by our values. They define who we are, how we work and help us create better outcomes. We have a number of group policies, which are embedded in our business processes and ways of working. Accessibility A A.

Investors Responsibility Careers. Home Our company About Capita. About Capita. We simplify the connections between businesses and customers, governments and citizens by delivering innovative consulting, digital and software solutions which allow our clients to focus on what they do best to achieve better outcomes.

Aldridge understood that local governments would need help to meet the new legislative imperatives and to integrate the new information technologies.

Starting with a staff of just two people, including Aldridge himself, CCS quickly signed on customers--including of the country's local councils. Yet Aldridge had begun to feel the constraints of operating from within Cipfa. For one thing, he had become impatient with his own prospects, having been passed up for senior executive positions. For another, the CCS had begun to receive inquiries from private companies seeking its services--a market that was outside of Cipfa's sphere of operations.

In , Aldridge and three co-workers approached Cipfa's management with an offer to buy out 80 percent of CCS. Cipfa angrily refused the offer. Aldridge, however, then 40 years old, decided to call Cipfa's bluff. He came back with a new offer--sell him percent of CCS, or he would simply launch a new company. Venture capital firm 3i provided most of the backing capital for the management buyout. By then, the company employed people--many of whom came to Capita from the government services the company had taken on--at 11 sites in England.

Capita quickly began expanding its range of services. In the early s, for example, the company developed a strong property consultancy arm, which provided services especially to local governments and city councils, by acquiring a number of existing operations. In , the company began managing revenues for the East Cambridgeshire District Council, marking the first time a council had outsourced this service. The following year, the company began administering benefits for Bromley council.

The national government also became a major Capita client. In , for example, the company was awarded the contract to establish and administer the theory portion of the country's driver's license testing program for the Driving Standards Agency. By the end of , Capita employed more than 7, people at locations throughout the United Kingdom. As it entered the new century, Capita began a more ambitious program of expanding its range of services.

Acquisitions played an important role in the company's quest to extend itself into new areas of operations. In , for example, the company acquired Eastgate, which provided outsourcing services to insurance providers, and IRG PLC, which specialized in administrating employee share benefits programs for the private sector.

At the same time, Capita bought full control of aMyshares, which developed software for employee share plans. These additions enabled Capita to claim the. The Company was created with the goal of delivering competitive and dependable returns in a variety of interest rate and economic conditions.

Our history is marked by a series of market-leading actions that have grown Annaly from a pure play agency mortgage REIT into the large-cap diversified capital manager we are today. Early on, we anticipated the benefits that diversifying into credit businesses would provide to offset our interest rate sensitive cash-flows. We are the only agency mortgage REIT that has a residential credit platform, an in-house broker dealer and invests in middle market lending.

We have led the market in strategic corporate actions, including by raising more equity capital than any other mortgage REIT, structuring the first convertible debt offering, executing the largest non-rated perpetual preferred offering and completing the first and largest acquisition in the mortgage REIT sector.