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GP Bullhound announces the Fastest Growing and Award Winning Cleantech Companies at Cleantech Connect 2010

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  • List proves the resilience of Europe’s Cleantech sector as a whole.

  • The top 25 companies have collectively grown their revenue base from €122m in 2007 to an impressive €290m in 2009.

  • No single subsector dominates and this year’s companies have achieved astounding growth - a testament to the size and scope of opportunity within the Cleantech space.

Cleantech Connect 2010, organised by leading investment bank GP Bullhound with Schroders Private Banking as a premium sponsor, was held at Sketch in London's Mayfair last night. The 130 strong crowd represented the cream of both entrepreneurs and investors in the European cleantech sector. With the sector growing exponentially year on year, GP Bullhound is pleased to be a leading supporter of the innovative organisations in this field.

Some major names were present on the night, including Cleantech Connect 2010 Award winners, GreenRoad, Helveta, Cambridge Broadband Networks and PowerSense; and the US vehicle manufacturer Tesla Motors showcased their latest Tesla Roadster fuel efficient car.

Hugh Campbell, Partner at GP Bullhound, said, "Our 2010 event shows there is a real desire in the growing cleantech sector for organisations to be recognised by their peers and interested parties. Despite the general economic downturn, we had an excellent response to our CleanTech Connect 2010 Awards with some exceptional submissions. GP Bullhound is delighted to demonstrate its long term commitment to the cleantech sector through our annual CleanTech Connect Awards."

The winners of the Cleantech Connect 2010 Awards are:

  • Fastest Growing Company: Ashwoods Automotive

  • Fastest Growing Larger Company: Cambridge Broadband Networks

  • Uniqueness of Offering: PowerSense

  • Vision & Future Growth Potential: Helveta

  • Best Management; GreenRoad

  • Best Execution: GreenRoad

Key facts:

  • Cleantech Connect companies grew their revenues from €122 million in 2007 to €290 million in 2009

  • $23.9 billion was invested globally in the space by Q3 2009

  • over one third of GP Bullhound's current mandates are in the Cleantech sector

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About GP Bullhound
With offices in London and San Francisco, 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 completed over 100 M&A and Private Placement transactions on behalf of Europe's leading entrepreneurs and business builders. Comprised of some of the most experienced technology advisory professionals, our long track record and dedicated approach has helped us establish a leading global position. We have strong domain expertise in the areas of Internet and Digital Media, Software and Services, Cleantech and Hardware, where we focus on providing preeminent advisory services to some of the best entrepreneurs, management teams and investors around the globe.

About Cleantech Connect 2010 Awards
Cleantech Connect brings together Europes' leaders in the clean and green technology space. Recognising growth and innovation in the sector, GP Bullhound is a keen supporter of this growing area. Cleantech Connect 2010 Awards are sponsored by: Schroders Private Banking, law firm Choate, RUSTON wheb, NESTA, and the charity for the night, SolarAid.

For further information, please contact:
Lina Einarsson (Events), GP Bullhound
lina.einarsson@gpbullhound.com
+44 20 7101 7560 office  
www.gpbullhound.com

GP Bullhound Ltd is authorised and regulated by the Financial Services Authority and is registered in England & Wales No. 381 4857, registered office 52Jermyn Street, London SW1Y 6LX.