Softcat awarded at Megabuyte Quoted25 awards for the second year running

Posted on Friday, June 14, 2019
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By The Softcat News Team

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For the second year running, Softcat has been recognised as the best performing UK public company in the category of Infrastructure Services. Taking place at the Silicon Valley Bank, the awards evening also saw Softcat being placed 16th on the 2019 Megabuyte Quoted25 rankings, gaining three places on the rankings from last year.

The Megabuyte Quoted25 Awards is an annual event and an independent ranking of the UK’s best-performing public technology companies. The awards provide a unique independent measure of public company performance, looking beyond share price. Softcat was commended for strong revenue and gross profit growth over the year, and the role that its culture played in retaining talent which has led to more cross-selling opportunities with existing accounts.

Graeme Watt, CEO at Softcat, said, “We work hard to make Softcat the unique workplace it is by building a culture based around our four key values: intelligent, fun, responsible and passionate. These values are reflected in how we work with each other, our customers, and our partners, enabling us to grow our business while maintaining the reputation of being one of the best places to work in the UK. The Megabuyte scorecard acknowledges the results of that approach and I’m really pleased our people have gained the recognition they deserve.”

Megabuyte is an origination, transaction support and data analytics platform enabling investors, advisers and CXOs to identify, benchmark and monitor UK mid-market technology companies of relevance to them. Rankings are compiled using Megabuyte’s proprietary Megabuyte Scorecard methodology, which scores companies against seven key growth-related financial KPIs.

The rigour of Megabuyte Scorecard analysis, combined with a specific focus on pure-breed technology companies, have made the Quoted25 Awards the most influential benchmarking reference in the UK technology sector.

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