ELITE welcomes 17 companies today, surpassing 500 company milestone
- 17 new companies join ELITE from across Europe and Israel
- Budapest Stock Exchange unveils seven companies joining ELITE in Hungary from the ELITE-BSE Partnership
- First Danish company joins ELITE
- ELITE Club Deal, the private placement platform, signs strategic agreement with The HUB for technology solution
- More than 750 companies, advisers and investors make up growing ELITE community
London Stock Exchange Group (LSEG) today announces that its successful international business support and capital raising ecosystem, ELITE, is welcoming a further 17 companies, bringing the total number of businesses in the community to 508. The new ELITE international company CEOs opened trading on London’s markets this morning, alongside Márton Michaletzky, Head of Issuers Acquisitions, Budapest Stock Exchange (BSE) and Luca Peyrano, CEO, ELITE.
Seven Hungarian companies join ELITE’s latest international cohort following last year’s agreement between ELITE and BSE to launch a tailored ELITE programme in Hungary. BSE is ELITE’s first stock exchange partner in Europe. ELITE is actively partnering and collaborating with the international financial community, including banks and other stock exchanges, reinforcing LSEG’s Open Access philosophy.
The first Danish company joins ELITE, bringing the total number of participating countries to 26. The 17 new businesses come from across six countries, representing a diverse range of sectors including pharmaceuticals & biotechnology, industrial engineering and food producers.
From today, more than 750 companies, advisors and investors make up the growing international ELITE community. Over 500 ELITE companies in 26 countries from 36 sectors, including technology, food & drink, healthcare and manufacturing are generating €40 billion in combined revenues and account for over 180,000 jobs across Europe and beyond.
ELITE Club Deal, the private placement platform for ELITE companies and professional investors, has signed a strategic partnership with The HUB, to provide a bespoke technology solution to power ELITE Club Deal. The natural next step in the evolution of ELITE’s suite of services, ELITE Club Deal helps to bridge a funding gap and streamline the capital raising process for companies, bringing together investors, corporate advisers and growing companies in a secure and efficient environment.
Luca Peyrano, CEO, ELITE:
“ELITE continues to innovate and support the job creators, innovators and business stars of tomorrow. We are excited to present the latest international group of companies from across Europe, Israel and Hungary, in partnership with the Budapest Stock Exchange.
“ELITE, together with its partners, is committed to supporting the most ambitious businesses, allowing them to scale and grow. Its most recent innovation, ELITE Club Deal, will further streamline the capital raising process for companies and our strategic partnership with The HUB will allow us to power the ELITE Club Deal platform with best in class technology.”
Richard Végh, CEO, Budapest Stock Exchange:
“One of the key components in the strategy of the Budapest Stock Exchange is to become the most essential financing platform for competitive and successful Hungarian companies. The Program was launched with the objective to implement a comprehensive development program for the equity market and the stock exchange that contributes to the growth of the Hungarian economy in the long term and fosters additional improvement in the country’s competitiveness.
“I believe that all the seven companies in the presently launched group are Hungarian ventures that stand out in their respective fields and that all of them are innovative, open to novelties, and want to grow and develop. Via practice-oriented training, the Program aims to provide support in the development of ambitious and dynamic companies just like them. I’m proud of them and I can say one could not hope for better applicants. I wish them and also the representatives of the other non-resident participants the best of luck.”
Deatils of the new international companies can be seen at www.elite-growth.com
ELITE is welcoming new companies through out April and May 2017:
- 27 April – ELITE Group 7 in the UK
- 3 May – ELITE Group 11 in Italy
- 9 May - ELITE Group 3 in Morocco
- Ends -