Enabling ELITE companies to thrive
Commentary by Luca Peyrano, CEO, ELITE
Over London Stock Exchange’s 300-year history, its central purpose has been to connect ambitious companies with investment capital. These businesses are the growth engines of the economies in which they operate and never more so than in these current volatile economic times.
The 1000 Companies to Inspire Britain reports play a significant role in championing some of Britain’s fastest-growing business. But they sit alongside another significant London Stock Exchange Group growth company initiative, known as ELITE.
ELITE is our pioneering international business support and capital raising ecosystem, helping ambitious, high-quality companies prepare and structure for the next stage of growth. It introduces company leaders to business school resources and gives them access to a community of like-minded entrepreneurs, leading advisers and investors. Launched by Borsa Italiana in 2012, it was rolled out across the UK in 2014 and across the rest of Europe and internationally in 2015.
“ELITE is an opportunity for firms and their leaders to become part of a vibrant community”
Today more than 700 companies, advisers and investors make up the growing international ELITE community. Over 500 ELITE companies in 26 countries from more than 30 sectors, including technology, food and drink, healthcare, and manufacturing, are generating £35bn in combined revenues and account for over 175,000 jobs across Europe and beyond.
The UK represents a dynamic community of over 90 ELITE companies and four are included in this year’s 1000 Companies to Inspire Britain report. The following pages highlight the impressive growth of these ELITE companies: Renal Services, the leading independent supplier of dialysis services in the UK; Evolution Funding, the UK’s largest point-of-sale motor finance broker; Van Elle, the UK’s largest ground engineering contractor; and online car finance specialist Zuto.
“These businesses are the growth engines of the economies in which they operate and never more so than in these current volatile economic times”
ELITE is an opportunity for firms and their leaders to become part of a vibrant community, in which fast-growing companies can thrive long after the structured engagement is over. The programme is constantly innovating to enhance its services for companies. Its latest innovation, private placement platform ELITE Club Deal, helps to bridge a funding gap and streamline the capital-raising process for ELITE firms, bringing them together with professional investors and corporate advisers in a secure and efficient environment.
- £35bn - the combined revenues ELITE firms are generating
Together, the 1000 Companies to Inspire Britain reports and ELITE have an integral role to play in championing the best of Britain’s businesses and channelling growth capital to the innovators, job creators and stars of tomorrow.
More of the UK’s inspiring companies can benefit from the support provided through ELITE. Visit elite-growth.com to find out more.