Citation celebrate at BVCA North West Awards

Updated 9th December 2016 – Citation are delighted to have also won the Mid-Market Team award at the National BVCA Awards. 

Citation, the UK’s expert provider of business advice, guidance and support, has won the mid-market category at the prestigious British Private Equity & Venture Capital Association (BVCA) North West Management Team Awards 2016.

The BVCA Management Team Awards celebrate the achievements of companies backed by private equity and venture capital funds in the UK. As winners of the North West regional award, Citation will now be included on the shortlist for the eighth edition of the national awards, set to be announced at the BVCA Gala Dinner on Thursday, December 8th in London.

Judges were impressed by the performance of the company under the ownership of ECI Partners, and also following its subsequent sale to HgCapital in 2016. The judging panel described the transformation of the business in the past three years as “outstanding.” The panel also commended the strong company culture that culminated in it being named in the Sunday Times Top 100 Best Companies to Work For list.

Appointed in 2013, Citation’s management team, led by CEO Chris Morris, oversaw a growth in revenue from £20.1m to £35.7m between 2013 and 2015. The business also grew its client base from 6,000 to 16,000 over the same period.

Chris Morris, CEO of Citation said: “It is a privilege to accept such a prestigious award on behalf of the company. The hard work and dedication of the whole team has resulted in exceptional business performance over the last three years and this award is recognition of that.

“Together with the efforts from the team at Citation, the support of ECI Partners has also been instrumental throughout this period of remarkable growth. We’re excited by the prospect of many more years of success in partnership with HgCapital, who have a proven track record in supporting management teams in the professional services sector.”