Intelliflo has been announced as one of the Investec Mid-Market 100, a listing of the fastest-growing private companies in the UK (ranked by average annual % turnover growth over four years).
Placed at 61 in the list (published on 23 November 2014), the company ranks 7th among the Technology and Software companies selected for inclusion.
The list, compiled in conjunction with DueDil, the largest source of free private-company information in the UK and Ireland, ranks active, UK-registered companies according to their four year average compound annual growth rate, with a minimum annual turnover of £10 million.
Nick Eatock, Intelliflo’s founder and Executive Chairman comments: “Our inclusion in this list is testament to the hard work and dedication of the Intelliflo teams across the whole business. Innovation in software is essential to our success but it’s also down to the excellent after sales service and customer support that our people consistently deliver.”
Intelliflo is celebrating 10 years of software development for the UK financial services sector, with its Intelligent Office (iO) software now used by over 11,000 individuals and 1,250 adviser firms with a combined £172billion of assets under advice.
In July 2013 HgCapital, a leading European private equity investor in B2B technology companies, became a majority shareholder in Intelliflo Ltd. HgCapital has a wealth of expertise in developing web-based software businesses and is committed to supporting the next phase of Intelliflo’s growth.
Ed Cottrell of Investec, said: “The UK mid-market contributes nearly £1 trillion of revenues annually and up to a quarter of private sector employment, and it is important that its contribution is understood and recognised. Through analysis such as the Investec Mid-Market 100, we hope to develop greater appreciation for this vital part of our economy.
“It is great to see mid-market growth coming from all four corners of the UK and across a broad range of industry sectors. We know from our experience of working with mid-sized businesses that they are highly committed to investing for long-term growth and we look forward to seeing these companies go from strength to strength in the future. Congratulations to all of those that have made this year’s Investec Mid-Market 100.”
Damian Kimmelman, Chief Executive Officer and Founder of DueDil, said: “As they're less visible than quoted companies, unlisted private medium-sized businesses are often seen as high risk and can be outgunned when seeking finance, pitching for contracts, attracting the best talent or applying for leases. Investec and DueDil have been working to address this problem. The Investec Mid-Market 100 and associated Investec Mid-Market Index demonstrate what insights can be derived when you properly organise and contextualise the information around the UK’s most high-performance private companies.”
The Investec Mid-Market 100 was published on Monday 23 November 2014. It is available to view at www.investec.co.uk/midmarket.
For further information contact Jo Rimmer, Redspark PR on 07970 088383; email: jo@redsparkpr.com.
About Intelliflo
Intelliflo (www.Intelliflo.com) has been providing information technology services to financial services companies since its formation in 2004. Its leading web-based business management software, Intelligent Office, helps financial businesses large and small to improve efficiency and increase profits. Intelligent Office supports over 1,250 firms and 11,250 users with assets under advice of £172 billion (as at 30 September 2014).
In July 2013 HgCapital, a leading European private equity investor in B2B technology companies, became a majority shareholder in Intelliflo Ltd. HgCapital has a wealth of expertise in developing web-based software businesses and is committed to supporting the next phase of Intelliflo’s growth.
Intelliflo has won the Professional Adviser ‘Best Technology/Software Provider’ award, voted for by Financial Advisers, every year since 2010.