Beech Tree Private Equity portfolio companies ranked as the fastest growing technology companies across the North of England and Scotland.

On 28th May 2020 Wavenet, Fluent Money and BCN Group were ranked in the top 100 fastest growing technology companies across the North of England and Scotland. The teams continue to work hard driving growth through their market disruptive business models and we congratulate the teams on their success to date.

Wavenet came 11th overall, but ranked 2nd in the larger companies category (those with revenues in excess of £10m). Wavenet continues to lead the charge in Unified Communication technologies across the UK and has grown through a mixture of strong organic growth and strategic acquisitions

Fluent Money came 23rd overall, but ranked 6th in the larger companies category (those with revenues in excess of £10m). Fluent continues to grow the amount being leant through its platform, now with over £1.2bn of lending being transacted through the platform per annum. They are continuing to grow as they win market share from competition, largely driven by the strength of their proprietary platform which gives the best-in-class customer experience for both the borrow and the lender. They are the largest second charge mortgage broker in the UK and are now accelerating this growth across the first charge and equity release mortgage markets.

BCN Group came in 87th overall, this is the second year in a row that BCN group have been in the rankings. BCN have been very acquisitive in the last year and have almost doubled their revenue year on year. This was not included in the growth calculation for this year’s rankings which should set the business in a good position for next year. They are focused on helping their customers take advantage of cloud technologies. An area we expect to accelerate further over the medium to long term.

Back to top