A WHITEFIELD company which has enjoyed phenomenal growth over 13 years has assured itself of an even brighter future, thanks to a management buy-out.

The move underpins Gamma Global's dream of achieving a staggering £100 million turnover in the next three years.

The company, based at Park 17 in Moss Lane, is seen as the UK's top independent, international distributor of branded IT products, including IBM and Compaq.

Gamma Global was launched with three staff in 1989 by former chef Mr Steve Liebowitz (39). Today it employs more than 40 people.

Turnover had doubled in three years to £50 million last year. During the same period, pre-tax profits increased from £1.3 million to £2.3 million.

The company has been sold by majority shareholder Mr Liebowitz, and co-managing director Mr Mark Winter. Both men are remaining with the company and retain minority stakes.

At the helm of the buy-out is managing director Martin Smith (41). He said: "We plan to grow the company to £100 million turnover over the next three years, both in the UK and internationally.

"It has always been our intention to share the company's success and future value with every employee. The MBO has released equity that will be placed in a trust for the benefit of all our staff."

Mr Smith said that the company would possibly seek a listing on the stock exchange, or look to sell the business.

Mr Smith disclosed: "It is our intention to be open for business 24 hours a day with offices in Europe, Asia and the USA."