Poundland has received an expression of interest from Barclays Private Equity to buy the retailer for around £200m, according to The Independent.

Other private equity houses are circling the single price point retailer, which has thrived in the recession.

The 264-store retailer’s owners Advent International’s advisors Close Brothers is examining Poundland’s strategic options, which could result in a sale.

Poundland notched up EBITDA of £20m in the year to March 29, 2009. This compares with £15.7m the year before.