P eter Kelly is the founder of Softcat, a leading British provider of IT infrastructure and services. He started the company in 1993 operating out of his garden shed, reportedly spending less than $45,000 to get it off the ground. A college dropout who began his career in sales at Xerox, Kelly built Softcat into a massive enterprise by focusing on a unique, employee-centric culture that famously included free breakfasts and an office ironing service.
Under his guidance, Softcat grew to become a major reseller of software and hardware for corporate and public sector clients in the UK. Kelly took the company public on the London Stock Exchange in 2015, a move that unlocked significant value and cemented his status as a billionaire. He retains a stake of just over 30% in the company. Although he has stepped back from day-to-day management, his philosophy on customer service and employee satisfaction remains core to the company's identity.
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Peter Kelly is a British businessman and founder of Softcat (LSE: SMT), an IT infrastructure provider.
Kelly, a college dropout, started the company in 1993, spending a reported $44,400 and working out of his garden shed. He previously worked in sales at Xerox Corp..
Peter Kelly's career is a success story of converting a modest personal investment into a major public company. His structural achievement is building Softcat into a scaled IT service provider focused on sales and distribution of hardware, software, and services.
He successfully took Softcat public on the London Stock Exchange in 2015. He retains significant ownership, holding just over 30% of the company. He is known for unique employee perks, such as offering his staff free breakfast and a weekly shirt-ironing service.
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Founded Softcat with a reported $44,400.
Took Softcat public on the London Stock Exchange.
Continues to hold just over 30% of the company.
Peter Kelly's wealth is concentrated in his founding equity and continued ownership of the publicly traded technology services giant, Softcat.
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+2.72% | +$154.38M
-1.46% | -$518.99M
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