72 Node4

Doug Woodburn
clock • 1 min read

Revenue: £56.1m (+8%)

Net profit: 16.1%     Staff: 282

This Derby-based midmarket MSP claims the resilience of its business model - which saw revenues for its year to 31 March 2021 rise eight per cent to £56.1m - was handed a seal of approval in March when Providence Equity Partners came on board as its new PE backer. Node4's managed services are underpinned by its own datacentres in Derby, Leeds and Northampton, which boast a capacity of 1,500 racks. Having acquired Starcom Technologies from 91st-ranked K3 in February, Node4 bolstered its Microsoft offering in August by grabbing the NAV People.

Covid impact

Node4's high levels of recurring revenue enabled it to "weather the Covid-19 impact" in its fiscal 2021. Although it admitted new order intake slowed in H1, it racked up £9.2m of recurring revenue from new clients during the year.

You may also like

Reseller

clock 06 December 2021 • 2 min read

Reseller

clock 06 December 2021 • 2 min read

Reseller

clock 06 December 2021 • 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 Reseller

Top VARs list their most important channel stories of the year

Top VARs list their most important channel stories of the year

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
Just two weeks left to enter the Women & Diversity in Channel Awards 2024!

Just two weeks left to enter the Women & Diversity in Channel Awards 2024!

The awards are a great way to celebrate the your own achievements or those of your colleagues. Don't miss the chance to enter!

clock 28 March 2024 • 2 min read
Channel Champions ep. 2: AI chatbots are about to feel way more personal

Channel Champions ep. 2: AI chatbots are about to feel way more personal

Stuart talks to Don Monistere, CEO of General Informatics, about the MSP's experimentation with genAI in the HR function

clock 28 March 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