Secure network transformation specialist, Xalient proudly announced today that it is part of the FEBE Growth 100 list for the second consecutive year. FEBE champion’s the fastest-growing, founder-led private companies headquartered in the UK. The Growth 100 highlights founders that are driving their companies to deliver significant sales, revenue and profit, against a backdrop of unprecedented economic challenges.
FEBE (For Entrepreneurs By Entrepreneurs), co-founded by Charlotte Quince and John Maffioli, was born out of a desire to celebrate true entrepreneurship, by focusing on the founders behind incredible businesses, as well as an aim to reinvigorate the current corporate business award scene with entrepreneurial dynamism.
The full 100 ranking can be viewed at www.febe.com.
To be on the list businesses must be UK registered, independent and unquoted, meeting the following criteria:
- Sales between £3m and £200m
- Trading for at least three years
- An operating profit in the latest financial year
- Founder(s) must still be involved
The ultimate ranking of 100 was data-driven, with companies ordered by compound annual growth rate (CAGR) in sales over the last three financial years. Businesses were initially selected by either nominating themselves or through FEBE contacting them directly, as well as by accessing publicly available financial information.
In addition to the main list of 100, FEBE’s Watch List sits alongside the Growth 100 to celebrate businesses that do not meet all of the Growth 100 criteria, but have an amazing growth story and are achieving great things.
Commenting on today’s announcement, Sherry Vaswani said: “We are extremely proud to be recognised by FEBE for the second consecutive year. We started the business eight years ago with a clear vision and purpose, having identified a gap in the secure networking technology space, and I’m delighted that it’s come to fruition. With global brands, household names such as Kellogg’s, Keurig Dr Pepper and WPP among our customers and around half our business today coming from the USA.”
Commenting on the FEBE Growth 100 List, FEBE founder Charlotte Quince, said: “We’re so excited to publish this year’s Growth 100. So many people think that business founders just ‘get lucky’ or think of an idea one day and are successful the next. But we know that the journey to success is anything but smooth. The Growth 100 celebrates those who have embraced the entrepreneurial roller coaster and who are now thriving as some of the fastest growing brands in the country.”
Former Dragon’s Den Dragon and FEBE Growth 100 ambassador, Jenny Campbell added: “I’m very proud to be part of something that celebrates and supports the very best British entrepreneurs and their companies. FEBE Growth 100 focuses on true entrepreneurialism. Founders are unique: their experiences, their vision and their resilience are unlike anything else. So, we want to celebrate these ‘dare to doers’ and shine a light on the incredible accomplishments of some of the finest and fastest-growing companies in the country.”
FEBE (For Entrepreneurs By Entrepreneurs), co-founded by Charlotte Quince and John Maffioli, was born out of a desire to celebrate true entrepreneurship, by focusing on the founders behind incredible businesses, as well as an aim to reinvigorate the current corporate business award scene with entrepreneurial dynamism.