Exsel Group are delighted to announce that the company has placed 27th in the Deloitte Technology Fast 50 for 2017. This is the second year in a row that we have placed on the Deloitte Fast 50, after finishing 3rd place in the previous year, representing a notable achievement by the company.
The Deloitte Fast 50 ranks the top 50 highest performing tech companies in the UK, measuring firms by their revenue growth over the past four years. The large online delivery firm Deliveroo were awarded 1st place on the list this year, achieving a revenue growth of 107,117% over the past four years.
David Cobb, lead partner of Deloitte UK Technology Fast 50 and Technology Fast 500 EMEA Programmes said: “The Deloitte Technology Fast 50 shines a spotlight on the UK’s fast-growing technology companies and is internationally recognised as being one of the most important business awards in the sector”.
Our placement on the list tops off a good year for the company after receiving a large investment early in the year from the private equity company Coralinn. This investment has allowed us to pursue an aggressive growth strategy, expanding our customer base and increasing our product and service offering.
Exsel Group represent one of only two Scottish companies to place on the list, the other being Outplay Entertainment, a Mobile Games developer from Dundee.
Tom McDonald, Exsel Group’s Managing Director commented:
“We are delighted to have placed on the Deloitte Fast 50 List for a second year running, alongside a number of fantastic organisations. This award represents a great few years for the company, and shows that the hard work and dedication shown by our team on all sides of the business are paying off.
While not as high as last year, we have still experienced large revenue growth this year which is great, and further consolidated ourselves in the market, making us an established organisation in the IT and Communications sector.”
“Achieving sustained revenue growth of 959% over four years is a tremendous accomplishment” said Caroline Muir, Deloitte Technology partner for Scotland. “Exsel Group’s exceptional growth puts it in select company.”
Well done to everyone who placed on the list and thanks to all of our employees, whose hard work got us there!
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