68 Adept Technology Group

Doug Woodburn
clock • 1 min read

Key points

Revenue: £61.7m (+20%)

Net profit: 1.6%  Staff: 312

The pandemic will "accelerate the fundamental need for firms to invest in ICT", Adept Technology chairman Ian Fishwick said at its AGM in September, adding that the unified comms specialist is "weathering the COVID storm". Aided by its 2019 acquisition of schools supplier ACS, the AIM-listed Microsoft and Avaya partner saw revenue vault by a fifth in its year to 31 March 2020, with 81 per cent of its £61.7m haul drawn from managed services. Net profits halved to £985,000.

Key points

Revenue: £61.7m (+20%)

Net profit: 1.6%  Staff: 312

Sign up to our newsletter

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

More on Reseller

CloudClevr reels in fourth acquisition with Twisted Fish IT

CloudClevr reels in fourth acquisition with Twisted Fish IT

The deal brings the MSP’s headcount to more than 180 as CEO Steve Harris tells CRN CloudClevr will now take a break from its M&A spree

Kelsey Rees
clock 12 April 2024 • 2 min read
The MSP Innovation Awards are open for entries!

The MSP Innovation Awards are open for entries!

Entries are open until 14 June

CRN
clock 11 April 2024 • 1 min read
Hayley Mooney swaps Crayon UK for a return to Bytes

Hayley Mooney swaps Crayon UK for a return to Bytes

Mooney returns to Bytes as CCO after 12 years away

Kelsey Rees
clock 11 April 2024 • 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