Hailing from the North West, Volcanic were selected for the programme as one of the UK's fastest growing businesses in the country.
The total number of businesses in the LSEG ELITE community now stands at over 380 with a combined revenue of over £25bn, employing over 130,000 people.
Admission to the LSEG programme coincides with a strong first quarter for Volcanic, which included winning the business of leading recruitment companies; Grafton Recruitment, Meridian, Cast UK and TEAM.
CEO of Volcanic, Rob Wilde, said:
“Being the only North West business accepted onto the ELITE Programme demonstrates how far we have come since the business was founded in 2010. Since then we have gone from one office in Manchester to having representation across the UK and overseas, including a presence in Mexico, Malaysia and Singapore. We fully anticipate this list will continue to grow rapidly in the coming years."
"The global recruitment technology sector is growing massively, which makes this an incredibly exciting time for Volcanic. The ELITE Programme will be important for our next stage of growth."
ELITE is a business support programme run by the London Stock Exchange Group which aims to inspire growth in businesses around the world. The programme offers education, business support and direct contact with Europe’s financial and advisory community. The Imperial College Business School in London helps to deliver the programme and management teams are guided on how best to fast-track their development and capital raising processes and how to access the most suitable funding for their needs.
Xavier Rolet, CEO of London Stock Exchange Group, said: “As the European Commission’s pioneering Capital Markets Union work confirms, to truly unleash the potential of high growth firms, they need access to finance and financial knowledge, which LSEG is committed to delivering through ELITE.
“It is almost two years to the day since ELITE was launched in the UK, giving the brightest and fastest growing British businesses the opportunity to expand, innovate and create new jobs. I’m delighted to have charted the successes of the first group of UK companies, who this month also become the first to graduate from ELITE and warmly welcome today’s new companies at the start of their ELITE journeys.”
