16. Bytes - £160m

clock

The software licensing and managed print specialist added to its top line and its skills roster with the acquisition of Security Partnerships in summer 2011. During its first year under new ownership, the Surrey-based security VAR increased its top and bottom lines by more than 20 per cent year on year. Revenue was up to £10.1m, while pre-tax earnings spiked to £1.5m. The firm, which has remained an autonomous operating unit, adds to Bytes’ existing turnover of around the £150m mark.

Key software vendor partners include Adobe, Oracle, Citrix and VMware, while RSA, Symantec, Websense and Check Point are among the firm’s security alliances. Xerox is the printing partner of note. Bytes is part of the £2bn South African giant Altron Group, which operates across the worlds of IT, telecoms and electronics.

You may also like
Top VARs list their most important channel stories of the year

Reseller

From economic instability to Dell going 100 per cent channel (and did we mention genAI), here's what kept channel leaders over the last 12 months

clock 28 March 2024 • 3 min read
These are the fastest growing firms in 2024's Top VARs and MSPs

Reseller

From upstarts like FluidOne, to established players like Bell Integration, see who managed to beat the market in 2023

clock 26 March 2024 • 4 min read

Reseller

clock 21 March 2024 • 1 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Financial and Reporting

Gartner halves global IT spending forecast as inflation 'throttles' budgets

Gartner halves global IT spending forecast as inflation 'throttles' budgets

The analyst also blames a tight labour market for the straitened spending conditions

Kelsey Rees
clock 18 January 2023 • 2 min read
Telefónica Tech joins big league as revenues soar past €1bn

Telefónica Tech joins big league as revenues soar past €1bn

Advanced technologies specialist sees year-to-date revenues leap 71 per cent to €1.02bn

Doug Woodburn
clock 07 November 2022 • 1 min read
RM's shares tank by a third as ERP rollout hits profits

RM's shares tank by a third as ERP rollout hits profits

RM’s £60m-revenue RM Technology arm still expected to grow in fiscal 2022, however

Doug Woodburn
clock 17 October 2022 • 1 min read

Highlights

Staff & Salaries 2022

Staff & Salaries 2022

A snapshot of pay and headcount trends in the UK channel

Doug Woodburn
clock 09 March 2022 • 1 min read
Midwich CEO on Nimans acquisition, 2021 results and return to pre-pandemic levels

Midwich CEO on Nimans acquisition, 2021 results and return to pre-pandemic levels

Stephen Fenby talks to CRN after Midwich’s 2021 results in which profitability exceeded pre-pandemic levels

Josh Budd
clock 08 March 2022 • 3 min read
4 more vendors suspend sales in Russia following Ukraine invasion

4 more vendors suspend sales in Russia following Ukraine invasion

IBM and Microsoft are among a number of vendors which have also announced that they will halt sales in Russia following the invasion of Ukraine.

clock 08 March 2022 • 3 min read