Towergate Wins Best Management Team of the Year Award and
Private Company of the Year Award
Towergate Partnership has won the award for "Best Management
Team of the Year" by the Sunday Times Fast Track for 2007.
The Fast Track 100 ranks Britain's top private companies with
the fastest growing sales over the last three years. During this
time the management team at Towergate has been responsible for a
significant growth in sales culminating in a £166 million profit in
2007.
The award was judged on information obtained through telephone
interviews with all companies featured in the Sunday Times Fast
Track League, as well as in-depth case study visits.
Towergate Partnership has also been named as "2008 UK Private
Company of the Year" by readers of ACQ Finance Magazine. This is
the second year in succession that Towergate has won this
award.
ACQ Finance Magazine boasts over 24,000 readers from the world
of corporate finance and private equity. It is also read by many
executive figures from leading acquisitive companies who rely on
the magazine as a key source of market information.
Readers were invited to vote based on their overall perception
of the editorial coverage made on private companies over the past
year. During this time Towergate has completed over 16 acquisitions
and reported record profits. In 2007 Towergate completed the
strategic acquisitions of Open International and Broker Network,
which added significantly to the scale of the Towergate 'family'
and also represented key strategic planks in shaping its
future.
Towergate's Executive Chairman, Peter Cullum said, "This is a
superb achievement and is huge recognition to the performance of
our management team across the UK. These awards are also testament
to our successful business strategy, distribution model and ability
to continually reinvent. To be recognised by leading figures within
the financial world and peers is extremely satisfying and reaffirms
our position as a leading player within the insurance world."
Media Contacts
Russell O'Connor
Group Communications Manager
Towergate
Tel: 01622 656782
Mobile: 07760 282586
Email: Russell.o'connor@towergate.co.uk