Insights
razorblue breaks own record with 48% growth
North-East headquartered razorblue has seen its biggest year of growth yet, taking revenue for the 21-22 financial year north of £12m, significantly exceeding last year’s 32% growth.
The Managed IT Service Provider remains on track to hit its £20million turnover target by 2023 and now employs more than 150 people.
CEO, Dan Kitchen said: “Our long-term strategy to put our customers first, constantly improving our service, evolving our product offering, and employing the most skilled technical experts – continues to pay off. We continue to implement our growth strategy through geographical expansion, having completed another acquisition with others in the pipeline.
“We have also launched our own digital academy, working closely with local colleges, to help create the IT networking, development and security skills we urgently need in our industry.”
The company now has seven offices and expanded its reach into Scotland in 2021 following the acquisition of SARN Technologies, its second acquisition in as many years. Growth has also necessitated an office move in the Teesside region and Scotland to accommodate the larger team.
Commercial Director, Mark Wilkinson said: “This has been yet another phenomenal year of growth for the business. As expected, to facilitate this growth we continue to add new people to our ever-expanding teams enabling us to be positioned even better for faster growth in the next financial year.
“I joined the company in September 2012 when the turnover was less than £1m, and to see our growth strategy deliver so successfully is really exciting.”
razorblue has plans to recruit 40 additional team members in the next 12 months to support its plans to continue expanding its nationwide coverage, and adding more products and services to the current offering.
razorblue specialises in managed IT, security services, super-fast connectivity, cloud and hosting, and business software solutions across a broad range of industries.
The firm continues to grow and has several live vacancies open, as well as vacancies on its academy scheme – see more here: https://www.razorblue.com/careers/