London, 08 October 2018 – Ten10, the UK’s leading independent software testing company, is delighted to be named the fastest-growing, mid-sized business in Surrey, Sussex and Kent by accountancy and business advisory firm, BDO LLP.
BDO’s Best in Business Top 100 & Ones to Watch league table, compiled in association with leading mid-market private equity firm LDC, ranks companies in the Southern Home Counties with the highest growth in sales over three years.
The recognition comes following impressive sales growth over three years of 190.36%. A change of strategy led to a broadening of Ten10’s offering to provide consultancy services as well as setting up a graduate academy.
Chris Shaw, CEO at Ten10 said, “We are delighted to be named as the fastest-growing, mid-sized business in the Southern Home Counties. We listened to client feedback and understood that one of the biggest challenges faced was the shortage of technical testing talent in the market. Our evolved service offering – in particular, the expansion of our industry-leading graduate programme – has been instrumental in enabling us to deliver technical testing solutions which meet clients’ needs.
We remain client-focused and committed to delivering a first-class service. Ongoing investment in our people and our processes will ensure we are well-positioned to continue to fulfil our ambitious growth plans.”
John Everingham, Partner in BDO’s Gatwick office commented, “I would like to congratulate Ten10 on their exceptional growth over the past three years. Ten10 exemplify everything that is best in business. They have listened to their customers and developed a long term, sustainable strategy to overcome one of the key challenges many businesses are facing – a lack of skilled labour. Chris and his team are now reaping the rewards of their investment and the company is firmly on course to ensure its continued success. We wish them the very best for the future.”
This year’s league table also includes 20 previous Best in Business winners, which have continued to outperform other companies in the region. Reigate-based digital marketing agency, Jellyfish Group, next generation broadband equipment company, Technetix Group in Albourne, and social intelligence company, Brandwatch in Brighton are all excellent examples of companies that have gone on to achieve national and international acclaim. The full results can be found here: https://www.bdo.co.uk/en-gb/best-in-business/top-100-2018.
Jonathan Caswell, origination director at LDC in the South, said: “The South of England boasts some of the fastest growing businesses in the UK. Whether building a global reputation or accelerating sales growth, the businesses profiled here have shown they have the necessary determination to continue on an upward trajectory.
“It’s an impressive list, highlighting the region’s credentials as a great place to do business and we’re looking forward to seeing how they develop in the near future.”
Note to editors:
The Top 100 league table and Ones to Watch can be found https://www.bdo.co.uk/en-gb/best-in-business/top-100-2018.
Ten10 is the UK’s leading independent software testing company. We provide clients with an end-to-end range of software testing services including test consultancy, managed delivery, staff augmentation and an industry-leading graduate program, which helps clients overcome the technical testing skills shortage and build out a future-proofed test team that delivers immediate value.
Clients benefit from our rigorous and creative approach to software testing. Our consultants are high-calibre, strong technologists who are backed by ‘Tenology’ – a pragmatic and constantly evolving standardised toolkit of processes, templates, tools and accelerators. Key areas of expertise include; test strategy including Agile testing, functional and non-functional testing, test automation and mobile testing.
For further information, please visit www.ten10.com.
About BDO LLP
BDO LLP operates in 18 offices across the UK, employing 3,500 people offering tax, audit and assurance, and a range of advisory services. BDO LLP has revenues of £405m and is the UK member firm of the BDO International network.
About BDO International
The BDO International network provides business advisory services in 158 countries, with 68,000 people working out of 1,400 offices worldwide. It has revenues of $7.6bn.
Our clients are Britain’s economic engine – ambitious, entrepreneurially-spirited and high growth businesses that fuel the economy.
We share our clients’ ambitions and their entrepreneurial mind-set. We have the right combination of global reach, integrity and expertise to help them succeed.
LDC is the private equity arm of Lloyds Banking Group and is authorised and regulated by the Financial Conduct Authority.
LDC backs ambitious management teams from UK-based companies seeking up to £100m of equity for management buy-outs, institutional buy-outs or development capital transactions. LDC has a portfolio of 90 businesses across the UK which collectively generates £5.5bn of revenues and employs in excess of 40,000 people.
Investing in a broad range of sectors, LDC has particular experience in Construction & Property, Financial Services, Healthcare, Industrials, Retail & Consumer, TMT, Travel & Leisure and Support Services.
Over the last three years (2014-16), LDC has invested over £1bn of equity and generated exit proceeds of more than £2bn, and has committed to invest £1.2bn in UK mid-market businesses over the next three years.Recent transactions include investments with Mandata, Paladone, Precision Micro, Duncan & Todd, Lakelovers, Eque2, IP Solutions, Vista, Ensek and Stuart Turner.
LDC has a UK regional network with offices in Birmingham, Bristol, Cardiff, Edinburgh, Leeds, London, Manchester, Nottingham and Reading.
For further information, visit: https://www.ldc.co.uk/regions/south