The 2017 Megabuyte50 awards, held in London on Wednesday night, honoured three of our UK software company partners.

The awards highlight the 50 best financially-performing, UK-based privately-owned technology companies and are compiled using Megabuyte’s independent and highly-regarded Megabuyte Scorecard benchmarking methodology.

Foundry, IRIS and Esendex all found places on the list with Foundry also being named as ‘Best Performing Company: Specialist Applications’. The awards are judged on measures designed to reflect long-term sustainable growth. All three are application software businesses founded in the UK which have grown exponentially to become leading players in their sectors.

Having three companies on the list also puts Hg at the top of the 2017 PE League Table.

Working alongside businesses committed to growth and change to realise their full potential is where Hg lives. We have been partnering with European technology firms for over fifteen years and hope to redefine what the relationship means: focusing on sharing our know-how and experience; forming a community of like-minded businesses; and working collaboratively to stretch what was thought possible.

Ian Spence, Founder and CEO of Megabuyte, commented on the awards:
“As one of the most established and successful private equity investors in the UK tech sector, it is no surprise to see Hg at the top of the Megabuyte50 league table this year. Many congratulations to the team at Hg and to their portfolio companies for such an excellent performance.”

Nic Humphries, Managing Partner of Hg, said:
“Congratulations to everyone at Foundry, IRIS and Esendex for their successes this year. We are delighted that they have been recognised amongst the strong field of UK technology. It’s great to see some of our newer partners excelling alongside those with whom we have worked for some time.”