Maxima displays bulging order book

Integrator proves hard work is paying off as it claws its way back to profitability

Maxima has snared a series of new multi-year business wins worth more than £6m as it progresses with its turnaround strategy.

The contracts include a three-year IT managed services contract worth £2.75m, a two-year contract renewal worth £2.85m with a major UK government executive agency, and a £480,000 three-year contract with an unnamed UK sports organisation.

In a bid to return to profitability, Maxima has been lopping off parts of the business and selling them over the past year, including three software-focused divisions, and its enterprise resource planning division.

The firm welcomed channel stalwart Ian Smith to its boardroom last summer, and a month later he acquired a stake in the business.

Fraser Fisher, managing director of Maxima, claimed these latest wins prove the firm is in a strong position. “Following our recent decision to focus the company around the delivery of managed services to our customers, we are delighted to report our recent contract successes that clearly show that our turnaround strategy is on track," he said.

“Securing IT managed service contracts worth some £6m clearly shows there is a strong demand for the kind of high-quality, specialist managed services that Maxima provides, and that the company is competing strongly in this important market area.

“We are also pleased to strengthen our recurring revenue base, as we continue to develop our offering in key IT managed services areas such as hosting, outsourcing, application and infrastructure management, cloud and virtualisation.”