Three leading UK software companies, all backed by HgCapital were honoured at the megabuyte50 awards held in London yesterday.
The awards highlight the best UK-based privately-owned technology companies and are compiled by Megabuyte’s independent and highly-regarded research team.
Sequel Business Solutions, IRIS and Intelliflo were all ranked within the top 25 technology companies in the UK based on their financial performance and long-term potential. All three are application software businesses founded in the UK which have grown exponentially to become leading players in their respective sectors.
Working alongside the founders and management teams to realise the full potential of promising European software companies lies at the heart of HgCapital’s investment strategy. HgCapital has been investing in European technology for fifteen years and has worked with many such companies as a partner of choice for the long-term support of entrepreneurial and growth orientated technology leaders.
As a leading technology investor, HgCapital is unique in having three such investments rank at the top of this highly respected review.
Matthew Brockman, a TMT Partner at HgCapital, commented on the awards:
“We are delighted that three of our UK companies have been recognised amongst an impressive list of peers. We have backed IRIS since 2004, over which time its revenues have grown nearly fivefold and our capabilities to support the entrepreneurs behind and managers of such strong companies is evidenced by our more recent investments in Intelliflo and Sequel. We hope to see some of our more recent investments on the Megabuyte list next year. Our congratulations go to the founders, management teams and all of the staff behind the success of Sequel, IRIS and Intelliflo”.