BVCA crowns four standout private capital-backed businesses in Vision 2024 National Awards

Four UK businesses backed by private capital have been crowned the National winners of the British Private Equity and Venture Capital Association’s (BVCA) Vision Awards for exceptional performance.

Sponsored by Grant Thornton and Santander, the annual awards honour the management teams of companies backed by private equity and venture capital.

Edinburgh-based Quorum Cyber, Wireless CCTV in Rochdale, MetaCompliance from Derry-Londonderry and Vivup, a fully remote business previously based in Farnham, were selected by judges as 2024’s National winners having previously been recognised at the regional level earlier this year.

Judges gave special recognition to businesses who demonstrated success in all themes of growth, competitiveness, innovation and ESG. Winners per investment stage were determined by criteria including scale, maturity, growth profile and nature of investment received.

• Vivup was recognised in the large investment stage category for its remarkable journey in growing its client base from 700 to over 4,000 from late 2022-2024.
• MetaCompliance and Wireless CCTV were both awarded in the medium investment stage. MetaCompliance was lauded for its impressive growth, highlighting strategic acquisitions in Denmark and Germany and a client-led response approach that has significantly enhanced their product offerings, while Wireless CCTV impressed judges with its strong customer retention and excellent work on improving diversity metrics.
• Quorum Cyber received the Vision 2024 National award for the scale-up investment stage. It was recognised for its growth strategy and talent retention amidst a market supply shortage and its strong financial performance.

Omni Partners (backing Vivup), LDC (backing Wireless CCTV), Tenzing (backing MetaCompliance) and Livingbridge (backing Quorum Cyber), all won awards earlier in the year for their outstanding support to investee companies.

Winners were crowned last night at the BVCA’s Gala Dinner taking place in London’s Banking Hall. Hosted by acclaimed West Midlands born actor, screenwriter and author, Meera Syal, the Gala Dinner concluded another successful year celebrating the most innovative businesses that have contributed to their local economies through the support of private capital.

In 2023, 2.2m people were employed by companies backed by private capital across the UK, generating 6% of total UK GDP (£137bn) that year.

Michael Moore, BVCA Chief Executive said:

“These awards celebrate the vision and entrepreneurial drive of businesses across the UK.

“This year’s entries showcased an extraordinary lineup of companies backed by private capital, across the nations and regions of the UK. Vivup, Wireless CCTV, Quorum Cyber, and MetaCompliance exemplify how visionary leadership and innovation can deliver meaningful contributions to our economy.

“We are proud to shine a light on their achievements and highlight the vital role private equity and venture capital play in driving the success of such dynamic and impactful businesses.”

Federico Charosky, CEO at Quorum Cyber said:

“I'm overjoyed that Quorum Cyber has received BVCA’s Vision 2024 National award. This recognition is a testament to the relentless dedication of our entire team to the security of our customers around the globe. It is an honour to be acknowledged in Scotland – our home, a fantastic place to grow a business and attract and develop talented cyber security professionals.

“As a Microsoft Solutions Partner for Security and a member of the Microsoft Intelligent Security Association (MISA), Quorum Cyber continually innovates and strengthens its services to safeguard the assets, data, and reputations of organisations in every sector against ever-evolving cyber threats.”

Simon Moyle, Non-Executive Director at The Perkbox Vivup Group:

"We are thrilled to receive BVCA’s Vision 2024 National award. Partnering with Omni Partners has been exceptional, with their people-first approach perfectly aligning with Vivup’s values.

"Delivering an 11x return in just 15 months is a career highlight, made even more rewarding by sharing the success with nearly 400 remote workers through our phantom share scheme.

"Our growth now supports over 4 million UK workers, including 3 million NHS and public sector employees, in improving their financial, mental, and physical health. We’re proud to make such a positive impact."

James McKay, Chief Executive Officer at MetaCompliance said:

Winning the BVCA’s Vision 2024 National award is a tremendous honour and is a testament to the hard work and dedication of our entire team.

“Our success in delivering personalised cybersecurity awareness solutions has been a significant factor in our growth, helping organisations to better protect themselves against cyber threats.

“This achievement would not have been possible without the support and partnership with our private equity backer, Tenzing. Thank you to the BVCA judging panel for this recognition, and to Tenzing for their continuous support."

Pete Terry, Head of Private Equity at Grant Thornton said:

“Vivup, MetaCompliance, Wireless CCTV, and Quorum Cyber exemplify the very best of UK innovation and ambition.

“These companies are not only leaders in their respective industries but are also driving significant economic impact at both national and local levels. We’re proud to support these awards and celebrate another year of exceptional businesses shaping the UK’s future.”

Sean Longsdale, Managing Director, Structured Finance at Santander (UK) said:

"It’s truly inspiring to see the exceptional talent emerging from the UK this year. Vivup, MetaCompliance, Wireless CCTV, and Quorum Cyber have set new benchmarks for excellence, showcasing a dedication to impactful and sustainable growth.

“At Santander, we are honoured to celebrate these remarkable success stories and the vital role private capital plays in driving transformative progress across industries.”

Learn more about all of the National Winners in the awards booklet below, or more about Vision 2024: Leaders Driving Growth Awards on its webpage, here.

Media contacts

James Gribben, BVCA: [email protected]

Notes to editors

About the British Private Equity & Venture Capital Association

The BVCA, as the representative body for private equity and venture capital, connects institutional investors, fund managers, companies, advisers and service providers together, with our membership currently comprising more than 600 businesses from across the private capital ecosystem. This includes more than 250 PE and VC firms, 100 institutional investors and 200 professional services firms.

Private capital drives growth – providing the funding, expertise and long-term view that enables companies to innovate and flourish. Our mission is to advocate the transformative nature of the private equity and venture capital community.