Revenue: £57.8m (+11%)
Net profit: 2% Staff: 123
Having scraped into Top VARs by one place last year, this Devon-based software licensing specialist surges up our hot 100 on the back of two years of double-digit growth, with revenues clambering 11 per cent to £57.8m in its latest year ending 30 June 2020. In September, the Microsoft, Oracle, Adobe, Flexera and Sophos partner became one of only three UK partners to bag ‘Azure Specialist for ISV' status. In November 2020, Grey Matter parent, CDF Group, was acquired by US outfit Wayside Technology.