Hedgehog Lab sets out goal to become £50m business amid raft of senior hires

Prominent Newcastle tech consultancy Hedgehog Lab has outline its ambition to become a £50m business within five years.
Amid a shake-up of its leadership team, CEO and founder Sarat Pediredla says the firm has set itself lofty goals and wants to attract top talent, predominantly to its North East headquarters, which sit alongside bases in York, the US and Bulgaria. Details of the strategy follow April’s acquisition of app-development firm Netsells which almost doubled the size of Hedgehog Lab overnight, growing it from a team of 60 to 110.
Mr Pediredla said the deal has helped the firm, which has delivered work for high profile clients such as Santander, Deliveroo and E-on, “turbo charge” its growth but that it is not actively looking for other acquisitions. The £6.3m transaction was suppo …