Brightpearl wins top prize at the British Private Equity and Venture Capital Association awards

CEO Derek O’Carroll accepts an award for 'venture-backed management team of the year' at the ceremony

AUSTIN, Texas and BRISTOL, UK – May 3rd 2018 – Brightpearl, the Bristol-based technology firm specializing in cloud-based ERP for retailers and wholesalers, has been named the ‘venture-backed management team of the year’.

Brightpearl were handed the top prize at the British Private Equity and Venture Capital Association (BVCA) awards, a glittering ceremony held in Bath this past week (3rd May 2018).

Derek O’Carroll, CEO of Brightpearl, accepted the award on behalf of his firm which was commended for its excellent leadership, growth, and development of a truly scalable solution for mid-sized merchants.

Brightpearl’s cloud-based platform enables retail brands and wholesalers to manage the heart of their business by combining CRM, trading, finance and operational data into a single reliable system.

The company has experienced tremendous growth in the last year, establishing it as one of the most prominent tech firms in the region. Brightpearl recently reported a 75% increase in year-on-year growth, fuelling a 154% increase in revenue in the last 12 months alone.

Speaking on the accolade, O’Carroll said: “We’re delighted to win this award - it’s a very important external recognition of our ongoing success. Our investors have displayed exceptional support and vision throughout our journey, understanding the transformational potential of our platform for retail brands and wholesalers that are seeking a solution to automate their back office and take back control of their business.

“The culture at Brightpearl is one of energy, innovation, and ambition. We are customer first in everything we do. It’s fantastic that the commitment to our values, and our resulting growth and expansion over the past year, has been recognized by this award. It's a testament to the hard work of all of the team.”

Now in their 10th year, the BVCA Management Team Awards recognize and reward exceptional businesses across the country that have been backed by private equity and venture capital investors and are reaching new heights of innovation and growth. Previous winners include many of the countries best-known companies, such as Skyscanner and On The Beach.  

“The changes made by Derek O’Carroll since joining in 2016 were particularly noteworthy, which have made Brightpearl a truly scalable model, as demonstrated by its recent turnover growth. A great integrated platform for mid-size retailers”, said the judges of the awards.

ENDS

About Brightpearl

Brightpearl is a cloud-based ERP for retailers and wholesalers. Our mission is clear: automate the back office so merchants can spend their time and money growing the business.

Brightpearl’s complete back-office solution includes financial management, inventory and sales order management, purchasing and supplier management, CRM, fulfillment, warehouse, and logistics. In addition, the solution has high-performing connectors to the major ecommerce platforms, including Magento, BigCommerce and Shopify.

Brightpearl is designed for retailers and wholesalers and enables omnichannel merchants to manage the heart of their business easily from one single system. Our team guides merchants through a highly efficient implementation process which typically gets them up and running in less than 60 days.

Connect with us on Twitter (@BrightpearlHQ), LinkedIn (linkedin.com/company/Brightpearl), and Facebook (facebook.com/brightpearl).

Media Contacts:

UK/US

Mark Hook
mark.hook@brightpearl.com