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L7 Makes 18th in the 2008 BRW Fast 100
30-Oct 2008
PERTH, WA, 30 Oct—Last night L7 Solutions was officially recognised one of the country’s fastest growing businesses by BRW. The publication bestowed the honour on the IT solutions provider at the 2008 BRW Fast 100 ceremony held in Sydney.
L7’s 118% average annual growth over the last three financial years placed the company at 18th spot on the magazine’s annual list of the 100 fastest-growing Australian (public and private) companies. The business started trading 4 years ago and has grown to annual revenue exceeding $25M for 0708. The distinction marks L7 as the fastest-growing IT services company in Western Australia.
While pleased with the company’s recognition, CEO Matt Sullivan said “Growth for growth’s sake isn’t what we’re after. Our focus is always to be the best IT and advisory services company in Western Australia, and providing that level of service across our clientele has resulted in a high level of organic growth.”
Sullivan envisions the company will continue on a similar trajectory for the coming years, “Our plans for the future are certainly ambitious, but the world’s current economic conditions maintains and sharpens our focus on controlled and strategic growth.”
There are 26 information technology companies on the Fast 100 this year, making that industry the best represented.