16 companies join London Stock Exchange’s ELITE

  • Programme designed for CEOs of ambitious, high growth private companies
  • First launched in April this year, with over 40 corporate advisory and investment partners
  • 33 companies now part of the ELITE community in the UK
  • Over 200 companies part of the ELITE community in Europe

London Stock Exchange today welcomes the second cohort of companies to ELITE, its innovative support programme for high growth private companies. The 16 CEOs opened trading on London’s markets this morning to celebrate joining the programme. The companies come from across the UK, representing a range of sectors and include a video game producer, a fast growing pub chain, an eco-leather manufacturer and online retailers. Please see the full list below. 

Alexander Justham, CEO, London Stock Exchange plc, said:
“Fast growing ambitious businesses are the engine of the UK’s economic growth and together with Imperial College Business School and the business community, we remain committed to creating a vibrant eco-system, able to support and inspire companies long after the 24 month ELITE programme. Today’s cohort showcases the UK’s ability to produce great businesses and we are delighted to welcome them to ELITE.”

About ELITE

  • 24-month innovative business support programme
  • CEOs and executive team members provided with tailored portfolio of business support tools and education with the help of Imperial College Business School
  • Access to a select group advisers and investors (list below)
  • Major trade body supporters include the ABI, British Business Angels Association, BVCA, CBI, QCA and Tech City UK
  • Companies in the second cohort include Dovetail Games, Oakman Inns and E-leather among others

Today’s UK launch builds on the success of the ELITE programme in Italy, which was started in 2012, and which also welcomed its next cohort of companies. 31 Italian companies joined the programme at Borsa Italiana today, bringing the total number of companies in the ELITE community across Europe to over 200, a significant milestone for the programme.

About the companies
ELITE is for a select group that are revenue generating and rapidly growing. The second cohort of companies includes retail, industrial, technology and media businesses. Of the 16 companies joining today, 14 are from outside London, including two from Belfast. As the initiative continues to develop, multiple cohorts are expected to join every year.

Companies joining ELITE in the second cohort

Company

Location

Sector

Description

Benefex

Southampton

Technology

Design,   implementation, management & administration of employee benefit solutions   for businesses & public sector

Coull

Bristol

Media

Video   Adtech solutions

Dovetail Games

Chatham

Technology

Video   game developer and publisher

E-Leather

Peterborough

Industrials

Alternative   eco leather manufacturer

FacilityLive

Pavia,   Italy

Technology

Disruptive   technology providing info management solutions

Frillo

Kingston   upon Hull

Retail

E-Commerce   business marketplace

Get Lenses

London

Retail

Online   retailer for contact lenses and associated products

Grid

Newcastle

Technology

GRID   is about simplifying lives, better living, smarter cities. For disabled and   the non-disabled, for communities, for all.  Achieving   incremental change by deploying digital technology to transform life, work   and play for all of us.

High-Tech Innovation Labs

Twickenham

Technology

Technology   consultancy company specialising in Big Data and innovation apps

NAC Group

Sunderland

Support   Services

 

Outsourcing,   education and vocational training specialist for the automotive   sector

Oakman Inns

Tring

Travel   & Leisure

Chain   of restaurants and pubs across the UK

Quill

London

Media

Global   content marketing platform

SLA mobile

Belfast

Telecommunications

API managed service and digital   solutions for Mobile Network Operators

The Test People

Leeds

Technology

Testing   solutions & consulting firm specialising in delivering information on operational   risk in IT

TreatTicket

Belfast

Retail

Offering daily   treats at huge discounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For further information:

Media

Tom Gilbert +44 (0)20 7797 1222 newsroom@lseg.com

Notes to editors:

For further information on the programme, companies and the full list of partners, please go to: www.elite.londonstockexchange.com

Quotes from a selection of ELITE partners

Roger Barb, Managing Director, Citi Corporate & Investment Banking
“The ELITE programme is a fantastic initiative for fostering UK champions of the future and Citi is proud to have the opportunity to support the programme and its participants. As a leading global bank for both institutions and individuals, we thrive on working with and developing talented people and organisations. We look forward to making a meaningful contribution to helping participants through the next stages of their evolution.”

Philip Secrett, Partner, Head of Public Company Advisory, Grant Thornton
“We are delighted to support the ELITE programme which is very much aligned to our values and experience in advising dynamic businesses on their growth ambitions.”

Mark Austin, Partner at Freshfields
“We are delighted to be able to support ambitious companies by being an ELITE partner. We look forward to sharing our expertise and assisting them to develop and achieve their long-term goals through practical help and advice.”

Chilton Taylor, Partner, Baker Tilly
“Growing companies not only need to be suitable but be prepared in order to attract equity finance whether from private equity on capital markets. Baker Tilly is delighted to be part of this initiative which will help prepare high growth companies to attract such finance, assist them to continue their growth path and also act appropriately to a wider shareholder base”.

Rupert Weston, Partner, Burges Salmon LLP
“Burges Salmon is committed to supporting growth businesses and our participation in the ELITE programme is a fantastic opportunity for us to deliver their support.”

Andy Crossley, Head of Corporate Sales, Peel Hunt
“Peel Hunt works with growing businesses and supports the ELITE programme as it prepares young businesses for the quoted markets.”

Alex Macpherson, Head of Ventures at Octopus Investments
“ELITE aims to support some of the country’s top entrepreneurial talent by providing access to business leaders across the investor and corporate advisory communities, as well as hands on training and coaching. The London Stock Exchange is in a unique position to deliver this programme and Octopus looks forward to supporting the initiative in our capacity as an ELITE investor.”

Lesley Gregory, CEO, Memery Crystal
“We’re delighted to be part of ELITE, a very progressive LSE initiative, and look forward to supporting these ambitious enterprises as they address the challenges of international markets.”

Stephen Welton, CEO of Business Growth Fund
“We welcome the Elite programme as a much needed source of education, support and contacts for UK businesses with ambitions to grow. Growth is highly dependent on ambition, on innovation and on entrepreneurism – all qualities which should quite rightly be supported. In this endeavour, we have much in common with the Elite programme.”

David Collins, Head of Corporate, BLP Law
“We are proud to support the UK’s most ambitious growth companies as an ELITE partner. We look forward to working with them and providing the support and services to help them thrive.”

Clive Hopewell, Partner, Charles Russell
“We are proud and excited to be supporting ELITE. With our corporate and private capital expertise, we are ideally placed to support SME businesses from growth stages through to international brands.”