Maximum Media, digital publishing company, founded by Galway-based entrepreneur Niall NcGarry, was yesterday announced as one of the fastest growing companies in Europe, by the Financial Times. The publication released its annual report on ‘Europe’s Fastest Growing Companies’, which included nine Irish businesses.
The report, based on revenue growth alone, ranks Maximum Media at an impressive 250th place, which officially positions the business as the second fastest growing Irish business in Europe. Maximum Media’s company revenues grew by 489 per cent between 2011 and 2015.
Commenting on the report, Niall McGarry, who spends time between Galway and the company’s Dublin and London offices, said:
“I’m incredibly proud to see the business being recognised as one of the fastest growing across Europe. We’ve won countless awards and accolades over the years which I am very proud of, but this kind of objective recognition for success is as official as you can get. To be listed alongside the most remarkable, innovative businesses in Europe gives me the ultimate sense of achievement.
“I started this business at a time of huge economic uncertainty, and over the past seven years, it has consistently gone from strength to strength, and I am confident that our trajectory is only going to increase in the years to come. For both Maximum Media and JOE Media in the UK, I hope to see both businesses climbing the ranks on this list in the future.
“Our ambition is simply to become the largest and most influential media organisation in Ireland by 2022, and today I have never been more confident that this is achievable,” he said.
Maximum Media, home to Her and JOE, has the largest social media following in Ireland. Across Facebook, Twitter and Instagram its combined audience reaches nearly three million.
Most recently, Maximum Media unveiled ‘Maximum Studios’, its new purpose-built broadcast studios, which has so far launched shows include weekly sports TV show - SportsJOE Live, Rugby podcast - The Hard Yards, business podcast - The Capital B and GAA podcast - The GAA Hour.
About FT1000 report:
Maximum Media was announced as one of the fastest growing companies in Europe, by the Financial Times
Maximum Media at 250th place, which officially positions the business as the second fastest growing Irish business in Europe
Maximum Media’s company revenues grew by 489% between 2011 and 2015.
The publication released its annual report on ‘Europe’s Fastest Growing Companies’, which included nine Irish businesses
Nine Irish businesses included: Irish cloud computing company Asavie, Irish tech finance company Fenergo, IT support group Agile Networks, Natural Health Company, Synergy Security Solutions, cloud-based software provider Crème Global, IT solutions company Lotus Automation.
The overall fastest growing company in the EU was German food and beverage provider HelloFresh, according to the FT.
Criteria for consideration in the FT rankings meant companies had to have revenues of over €1.5m at the end of 2015.