Computacenter co-founder Philip Hume has received a knighthood in the Queen's birthday honours, while Brother's UK managing director Phil Jones was awarded an MBE.
Hulme co-founded the technology giant in 1981 alongside Peter Ogden, and was recognised today for his services to charity and technology.
"Philip Hulme is an entrepreneur and businessman who has made a strong philanthropic impact in the charitable sector," his entry on the list said. "He founded the UK's biggest IT services company, Computacenter, which employs over 16,000 people worldwide, and, Dealogic, one of the world's leading financial software companies."
Deallogic was founded in 1983 alongside Ogden and a third investor and was sold in November 2014 to US private equity giant the Carlyle Group for $700m (£495m).
Hulme's philanthropic work through the charity he founded was also recognised.
"He founded the Hadley Trust which, to date, has donated over £35m to good causes," the entry continued. "The Hadley Trust seeks to help the disadvantaged and has had a particular impact in the sphere of justice, funding many charities including the Prison Reform Trust and the Centre for Justice Innovations. It also seeks to improve outcomes for looked-after children and established the Hadley Centre for adoption and fostering at Bristol University."
Computacenter directors took to Twitter to celebrate the news.
Solutions director Pierre Hall said: "Congratulations Sir Philip Hulme – business leaders knighted in the Queen's birthday honours list".
Computacenter business enablement director Clare Parry-Jones added that it is "a proud day for the Computacenter family".
Brother's managing director Phil Jones (pictured, right) also popped up on the list, receiving an MBE for services to the business community.
In a post on LinkedIn, Jones said: "Being recognised with an MBE has never been a goal of mine. My purpose continues to be to uncover the unlimited potential in millions of others and, as I write this, nothing has changed.
"Chatting with an entrepreneur who visited the office recently, we talked about walking your own path, giving up external reference points for success and judging your future by how well you live your own vision, mission, value and principles, linked to your goals. Anything you pick up along the way is a bonus for sure. Always the cause before the applause."
Exclusive Networks' non-executive director Neil Ledger was awarded a British Empire Medal in recognition of his efforts in raising £300,000 for charity over the last 20 years.
"Neil is not the kind of person to claim credit for his courtesy and generosity, so we are very pleased that Britain herself has decided to honour him in this way," said Olivier Breittmayer, CEO of Exclusive Group.