Auckland NZ 14 November, 2017. Invenco Group has been ranked third in this year’s inaugural Master of Growth index with 386% revenue growth over the past five years. It sits behind iconic Kiwi cloud-based accounting software company Xero (657%) and global consumer electronic products distributor, Protempo (608%).
Introduced this year, the Masters of Growth index ranks the 20 fastest growing established businesses achieving longer term sustained growth. It ranks businesses starting from a larger revenue base, and over five years of revenue growth.
According to the media announcement, Deloitte Private Partner Bill Hale says the Fast 50, now in its 17th year, is more than just another business awards program:
“The Deloitte Fast 50 is an active community of intrepid business trailblazers looking to achieve great things for their companies,” says Mr Hale.
“It does more than just rank New Zealand’s fifty fastest growing businesses. It celebrates business success and growth across the spectrum – from early stage companies to mature businesses – on a regional and national stage,” he adds.
“The high level of diversity celebrated today at the Deloitte Festival of Growth shows any type of business, from anyplace in New Zealand, can do well with the right approach. It is great to see these companies thriving by capitalizing on their points of difference and executing on their plans. A common theme is that they are all strong across strategy, capability and commitment, but focus on finding a point of difference and nailing it in that niche,” concludes Mr Hale.
According to Invenco CEO, Gavin Lennox, the company is proud to have made a top ranking in the Master of Growth index and be part of the wider Fast 50 community. “We were also delighted to have our Chief Innovation Officer, Dan Harrell, feature in the regional showcase video and to take part in the announcement event,” he says. “Nor do we expect this to be a one-off appearance in the Masters of Growth; Invenco is continuing to grow exponentially and we look forward to featuring in the Fast 50 in years to come.”
To read the full press release visit: Deloitte_fast_50-winners.html