Latitude Group Ranks in Top 25 of Media Momentum’s Fastest Growing Companies for 3rd Year Running

PRLog (Press Release) – Mar 13, 2008 – Latitude Group, specialists in search engine optimisation and paid search, once again appears in the top half of the ranks of the Media Momentum Top 50 fastest growing companies, coming in at 23rd. In 2006, Latitude was the proud winner of the coveted Fastest Growing Company Award, and in 2007 was listed in the Top 20 Fastest Growing Digital Companies. The annual event, organised by investment bank GP Bullhound, recognises the fastest growing digital media companies in the UK.

At the Media Momentum Award ceremony, held last night at Sketch in London, just five companies selected from across the digital media industry took accolades. The entrants are ranked in a revenue-based league, and judged by a high-profile panel which this year included representatives from New Media Age, Olswang and 3i amongst others, with ECI Partners and search firm Spectrum as Award sponsors.

“Competition was as fierce as in previous years, and here at GP Bullhound we are proud to elevate these outstanding achievers. We hope that these awards will provide even greater momentum to our finalists in their respective fields as they continue to develop and grow,” said Manish Madhvani, Co-founder and Partner, GP Bullhound.

Dylan Thwaites, Latitude CEO, commented, “Here at Latitude we always strive for excellence. This award highlights what we and the industry have known for some time — this being our third year to take home a Media Momentum Top 50 award. I’d like to thank the whole Latitude team for their tremendous efforts. Without them and our loyal and growing customer base we would not be here today.”  

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About Latitude
 With offices in London and Cheshire and more than 100 employees, Latitude’s unrivalled digital marketing expertise enable its clients to win new customers, accelerate revenues and build their brands on the Internet
In 2008, Latitude, shortlisted for two Revolution awards, received a Highly Commended nomination for the SEO work done for one of its major blue-chip clients. In 2007 the agency won Netimperative’s ‘Search Campaign of the Year’ award, reached a top ten position in Deloitte’s Technology Fast 50 league table, and was shortlisted for two of the year’s National Business Awards. In 2006 the agency won the Media Momentum Award as Britain’s fastest growing company, and was shortlisted again in 2007 and 2008. Also in 2006, Latitude’s chief executive officer, Dylan Thwaites, was named by Ernst & Young as its Technology & Communications Entrepreneur of the Year.

About Media Momentum
The Media Momentum list is recognised by the industry as covering the best known and up and coming companies in the digital media industry with previous winners including Betfair and Espotting. Media Momentum launched in 2004. The top 50 companies in this year’s list have collectively grown their revenue base from £185m to a staggering £587m in a two year period.

About GP Bullhound ltd.

GP Bullhound is Europe's leading investment bank focused on providing advice on mergers & acquisition and institutional capital raising in the technology sector. The firm was established in 1999, and have completed over 60 M&A and Private Placement transactions in the technology sector since. With dedicated sector teams in Internet, Software and Semiconductors and with offices in London and San Francisco, GP Bullhound aim to provide the pre-eminent advisory service to entrepreneurs in Europe. GP Bullhound regularly requested to provide commentaries on CNN International, CNBC Europe and BBC World, as well as print media and industry conferences.