Dunedin congratulates CHP Consulting, which was named “Best performing company in banking and insurance software” at The Megabuyte50 Awards 2016. These awards recognise the best performing privately owned technology businesses in the UK.
Dunedin sponsors this award category and has a successful track record of backing companies that have leading edge technology at their core.
CHP Consulting is the leading software platform for asset and automotive finance companies worldwide. The company, headquartered in London, was commended for delivering strong growth including organic revenue growth of 25% last year and EBITDA margins of 43%. CHP is one of three companies and the only private company in the Megabuyte coverage universe to score over 90 out of 100.
The Megabuyte50 awards are published annually and rank the performance of privately owned, mid-market companies in the UK's Software and ICT Services sectors. Compiled using Megabuyte's proprietary Megabuyte Scorecard methodology, the rankings examine performance against seven key financial KPIs. Megabuyte's awards differ from other growth awards on account of the superior rigour of their financial analysis and their specific focus on pure-breed technology companies; and they are widely regarded as an influential sector benchmarking reference.
Nicholas Hoare, Partner at Dunedin, comments:
“This award is a great achievement for CHP Consulting, which has been recognised at national level as a leader in the banking and insurance software space. We are pleased not only to be sponsoring this category at the respected Megabuyte awards but also to be involved in recognising strongly performing private businesses that have technological innovation at their core.”
Dunedin backs UK companies with an enterprise value of £20 million - £100 million, helping them to internationalise and access foreign markets.