Last night, Deloitte announced that Vegware is the UK’s 29th fastest growing firm – with growth of 919% over the last 5 years. Looking at the list of the UK’s fastest growth companies, we’re the 4th fastest growing in Scotland. And the cherry on the cake is that we were the top ranked GreenTech firm.
Joe Frankel, our MD and founder, is of course delighted: “Placing in the Fast 50 for the second year running is very satisfying and a testament to the hard work and creativity of the Vegware team. We’ve got lots in the pipeline so look out for Vegware in 2015!”
We wouldn’t keep on growing without our loyal friends, supporters and clients – so here’s a huge thank you for everyone’s continued support and good will.
David Halstead, Partner leading the Deloitte Technology Fast 50, said: “The Deloitte Technology Fast 50 gives great profile to technology companies and is internationally recognised as being one of the most important business awards in the sector. The 2014 Deloitte Fast 50 shows that tremendous growth rates are still possible, with software sectors showing particular strength, they have had the greatest amount of entries in the past five years. The Technology Fast 50 awards are an opportunity for businesses to gain recognition for their successes and achievements over the last five years.”
“The 50 fastest growing UK technology companies generated over £963 million in total annual revenues in the year 2013/14, employing more than 8,500 people and recorded an average five-year growth rate of 1,695 per cent, according to the Deloitte UK Technology Fast 50. The awards are an opportunity for businesses to gain recognition for their successes and achievements. This year’s ranking highlights the importance of being innovative and finding a niche product or service, to beat the recession.”