Growth, leadership and potential recognised at last night’s awards ceremony
The top 30 companies have collectively grown their turnover from €534m to an impressive €1.1bn
Annual growth rates for companies with revenues below €10m averaged 105% per annum
Companies with revenue above €10m doubled their turnover on average
Cleantech Connect 2011, organised by leading investment bank GP Bullhound and sponsored by Berenberg Bank, Barclays Corporate, Morrison & Foerster, Bird & Bird, RUSTON wheb and the Carbon Trust, took place last night at London’s Sketch. The awards honour the Top 30 Fastest Growing cleantech companies, as well as the 30 ‘ones to watch’. GP Bullhound believes some of these companies could go on to become the global players of tomorrow.
A great turnout on the night echoed the strong response GP Bullhound had to the awards, with entries considerably up on last year to nearly 100 from across Europe. Attendees included investors, large corporates, government, and representatives from the nominated companies. The US electrical vehicle manufacturer Tesla Motors was also present, and showcased its Tesla roadster outside the venue.
Andre Shortell, Partner GP Bullhound, said, "This year’s awards have demonstrated that there is a growing number of cleantech companies, not only with innovative products and solutions, but healthy profit as well. GP Bullhound is delighted to demonstrate its long term commitment to the cleantech sector through our annual Cleantech Connect Awards. We hope that our role at the coal face of cleantech growth will play a part in the rise of the leaders of tomorrow."
The winners of the Cleantech Connect 2011 Awards are:
One to Watch: Nexeon
Fastest growing company: Solarlite
Fastest growing larger company: PowerWind
Unique leadership: AMEE
Best global potential: PowerSense
Most innovative: Nujira
Judges’ award: Nualight
Finalists for the 'One to Watch' chosen by the Judges were: Bluewater Bio, Eight 19, Innoveox and SCFI.
About GP Bullhound
GP Bullhound is a leading investment banking firm providing advice on mergers & acquisitions and institutional capital-raising to emerging growth companies in the Technology sector. The firm was established in 1999 and has a proven track record with over 100 completed M&A and Private Placement transactions on behalf of leading global entrepreneurs and business builders. The firm’s international team, comprised of some of the most experienced technology advisory professionals, together with its dedicated approach has helped establish its leading global position. GP Bullhound has strong domain expertise in the areas of Internet and Digital Media, Software and Services, CleanTech and Hardware, with a focus on providing pre-eminent advisory services to some of the best entrepreneurs, management teams and investors around the globe.
For enquiries contact: Lina Einarsson +44 20 7101 7560; lina.einarsson@gpbullhound.com
GP Bullhound LLP is authorised and regulated by the Financial Services Authority, registered in England & Wales no. OC352636 at 52 Jermyn Street, London SW1Y 6LX
GP Bullhound Inc. is regulated by the Financial Industry Regulatory Authority (FINRA)