ANS Group reveals growth targets following UKFast merger
The businesses has set its sights on hitting an EBITDA of £80m by the end of 2025
ANS Group has set its sights on hitting an EBITDA of £80m by the end of 2025 and training hundreds of new apprentices as it reveals its growth plans after merging with UKFast.
The company, which consists of Manchester businesses UKFast and ANS, has unveiled its three-year growth plan following the merge of the two firms in late 2021.
It says it will have a "strong focus" on process automation alongside a "consistent" recruitment drive, with ANS set to train 200 new apprentices over the next three years.
ANS is also targeting a doubling in annual revenues by the end of 2025.
CEO Paul Shannon said: "We believe that digital transformation shouldn't be exclusive to organisations with big budgets. Everyone should have access to the tech they need. That's where ANS comes in. We solve problems using technology to make our customers' lives easier.
"Our customers are at the centre of every single decision we make and always will be. We've even created a dedicated Customer Experience division to put ourselves in their shoes and put their needs front of mind."
UKFast adopted the ANS name following the merger between the two companies last year.
ANS said the renaming of UKFast makes the group the "the UK's largest independent cloud provider" - delivering public and private cloud, hosting, security, DevOps, applications and data expertise to 7,000 customers across SMB, mid-market and the public sector.
The deal is rumoured to value ANS - which posted a £5m net profit on revenues of £45.7m in its fiscal 2020 - at north of £200m.
And the recently merged tech firm has now revealed its brand identity, having unveiled its refreshed colours at an event at Manchester Central last week.
ANS pledges to "hack the tech adoption curve" by offering technology to organisations "that might otherwise be priced out".
CTO Joe Wolski said: "Hacking the tech adoption curve sounds like jargon but, by bringing together the capabilities of both businesses, that's exactly what we're doing.
"Because we have specialists and deep expertise both in products and in services, we can overlay our products with a service layer and help companies adopt tech quicker and cheaper than they would normally be able to. That's what hacking the tech adoption curve means and it's an approach that's already delivering unbelievable results for our customers."