Partner Article

VERASTAR Secures Megabuyte50 Recognition with Stellar 2017 Performance

VERASTAR, the UK’s leader in providing essential telecoms, gas, electricity and water services to small businesses, has been crowned Best Telecoms & Networks Provider’ by prestigious independent thinktank MegaBuyte at its 2016 awards.

MegaBuyte scores the financial and business success of more than 200 UK-based, privately-owned software, IT and telecoms services companies. Thriving Manchester-based firm VERASTAR came out top in the Best Performing Company category.

The award caps an incredible year which has included six acquisitions – Ovo Energy, The Insurance Octopus, The Media Octopus, Crown Telecom Solutions, Business Comms Solution and the customer base of 3D Telecom. VERASTAR now supplies utility services to almost 10% of the UK’s small businesses.

In November, the firm also announced that they will be creating 150 new jobs across their UK-wide operation, including roles in Manchester, Hamilton and Bristol.

Chris Earle, CEO of VERASTAR said: “We are delighted to win the Megabuyte50 Award 2016 for Best Telecoms & Networks. Our vision to be the supplier of choice for small businesses of their recurring services by aggregating them onto a single platform has been recognised by receiving this coveted award. To be considered the best performing company in our category is a testament to the hard work and ongoing contribution of the whole team.”

The Megabuyte50 annual awards differ from other growth awards in terms of the superior rigour of their financial analysis. There is a specific and robust focus on technology companies and due to this the scorecard methodology is widely regarded as an influential sector benchmarking reference.

Founded in 1998, VERASTAR has achieved impressive organic growth in the communications market which has been supplemented by a broad product portfolio including water, insurance, electricity and gas.

Chris Earle added: “Winning this award has confirmed our belief in our strategy. It affirms that providing a great service and adding other beneficial services to our customers’ portfolios - in turn increases loyalty. It’s a tremendously powerful model which is coming to fruition.”

ENDS

www.verastar.co.uk

This was posted in Bdaily's Members' News section by The People Experts Blog .