Small Cap Awards 2024: Diversity, Inclusivity & Engagement Award Nominees

Inaugurated in 2013, the Small Cap Awards is an annual event celebrating and rewarding the finest in the sub-£350m market cap quoted company sector.

The Awards celebrates those professionals and companies that work within the AIM and Aquis communities and is attended by listed companies, institutions, fund managers, brokers and advisors.

The 2024 Awards will take place on Thursday 13th June 2024 at One Moorgate Place in London.

The nominees for the Diversity, Inclusivity & Engagement Award are:

Eagle Eye

Eagle Eye is a leading SaaS company that creates digital connections enabling personalised, real-time marketing through coupons, loyalty, apps, subscriptions and gift services. It’s cloud-based platform, Eagle Eye AIR, provides the most flexible and scalable loyalty and promotions capability in the world. It serves some of the world’s best-known retailers, including Asda, Tesco, Morrisons, Waitrose and John Lewis & Partners, JD Sports and Pret a Manger in the UK, Loblaws, Southeastern Grocers and Giant Eagle, in North America, and the Woolworths Group in Australia.

The Company was founded in 2003, with its origins traced back to a simple yet ingenious idea by founder, Steve Rothwell. His challenge of how to buy a round of drinks in the pub while being stuck at home led to the inception of the digital beer coupon concept. Over the years, Eagle Eye has grown significantly, driven by its Golden Rule to treat people as they would like to be treated, whether customers or employees. As Eagle Eye believes that in order to be the best company to work with, you have to be the best company to work for. Today, more than 750 million personalised offers are executed via the platform every week, and it currently hosts over 200 million individual loyalty members for businesses globally.

In January 2023, Eagle Eye acquired a French business, Untie Nots, creating a larger international group. Eagle Eye now benefits from Untie Nots’ technology AI and deep machine learning capabilities. In January 2024, Eagle Eye launched EagleAI, ‘Personalised Promotions’, a next-generation data science solution for hyper-personalisation, already being used by leading retailers worldwide including Carrefour, Auchan and Pattison Food Group. Untie Nots’ AI-powered Challenges solution has since rebranded as ‘EagleAI – Personalised Promotions’, bringing both AI-powered solutions under the EagleAI brand.

Establishing meaningful digital connections with consumers has never been more crucial. Retailers worldwide are evaluating the optimal ways to offer highly targeted, personalised promotions and loyalty programmes to their customer base, in response to changing consumer shopping behaviour, the inflationary crisis and the advances in cloud-native technologies, data science and AI. Eagle Eye remains at the forefront of this digital transformation, helping retailers and grocers increase sales from customers and retain their loyalty. The loyalty market is currently estimated to be worth $10.2 billion worldwide and is projected to reach $22.8 billion by 2028, growing at a CAGR between 2023 and 2028 of 17.5%.

Norman Broadbent

Norman Broadbent is a leading Executive Search and Interim Management firm, working across the UK and internationally. Established as the first UK-headquartered search firm in 1979, it has a rich heritage of 40+ years and a powerful brand name know across boardrooms. Norman Broadbent has a presence across the UK and globally, having successfully delivered mandates in 79 countries around the word. It has served over 3,000 clients to date and helped shaped leadership across the Consumer, Financial Services, Industrials, Life Sciences, Investor and TMT sectors.

The Company delivered a strong set of results for the year ended 31 December 2023 (FY23), with management and the team returning Norman Broadbent to profitability and placing in on a trajectory of sustainable growth. In FY23, the Company achieved revenue growth of 41% and Group Net Fee Income grew 44%. Other positive metrics include average fees up 32% on 2022 and average fees per mandate up over 100% on 2022.

These results were achieved despite a challenging market for the recruitment sector. The market is now seeing green shoots of recovery and Norman Broadbent is in a strong position, by sector, service line and geography, to capitalise.

Norman Broadbent’s success is built on a strong culture based on performance and values. The Company recognises that this is a key attraction and retention tool for high-quality staff and much has been done to reinvigorate the culture. Norman Broadbent’s core values of excellence, curiosity and collective success aligns with its purpose, to have a positive impact on people’s lives and the organisations Norman Broadbent supports. Additionally, Norman Broadbent has modernised its brand to enable it to continue to rise in the evolving world of executive search.

Efforts have also been made to reshape the processes of the business and invest in technology, to create a platform for growth. The company-wide transformation has strengthened its competitive advantage through increasing capacity, efficiency and productivity.

Having successfully reestablished itself as a leader in executive search, Norman Broadbent continues to invest in its strategic pillars and deliver against its clear and focused strategy. With the Company having made excellent progress in its turnaround, there remains a clear growth opportunity, and management is confident in its ability to maintain a positive long-term trajectory.

TPXimpact

Established in 2016, TPXimpact is a leading technology-enables services company, focused on people-powered digital transformation.

TPX’s teams deliver digital programmes, projects, and services across all disciplines from human centred design and data to experience and technology solutions to the UK public, private and third sector. Working effectively across its business units, TPXimpact draws together a unique blend of specialist capabilities to help clients transform and harness the best of digital technologies.  This approach and the teams and capabilities that lie behind it are very much in demand with clients seeking better ways to engage with their customers, and to do so in a more cost-effective way.

Underpinning the Group’s performance in the last year has been the implementation of its three-year plan to simplify the business and build on the already strong foundations of successful client delivery and new business wins. At the same time, the Group has continued to perform well in winning new contracts. New business wins over the last year demonstrate the increasing strength and breadth in TPX’s client proposition. The size of contracts won reflect the trust clients have in TPX’s ability to deliver complex and multi-faceted programmes of change. Key successes in the year include major contract wins with the Department for Education and His Majesty’s Land Registry.

The Group’s work is built on the strength of its wider team, with its people drawn to the Group because of this commitment to social responsibility. A major success in the year was the award of B Corp certification to the Group in January 2024. As a B Corp, TPXimpact is counted among businesses that are leading a global movement for an inclusive, equitable and regenerative economy, enhancing trust among customers, communities, and suppliers, as well as attracting and retaining employees and investors aligned with its mission. This certification was a notable milestone in the Group’s growth journey, further establishing TPXimpact as a leader in ESG and responsible business practices.