70 Grey Matter

Doug Woodburn
clock • 1 min read

Revenue: £57.8m (+11%)

Net profit: 2%     Staff: 123

The CEO of Grey Matter's new US parent company, Wayside, travelled to its picturesque Devonshire hometown Ashburton in October to meet the team, some 11 months after the deal. The Microsoft licensing specialist hasn't filed any new numbers since the previous Top VARs, but posted a net profit of £1.1m on revenues that hiked 11 per cent to £57.8m in its year to 30 June 2020. Targeting developers and technology-led companies, Grey Matter claims to hold nine Microsoft accreditations.

Covid impact

Grey Matter did not furlough any staff in its fiscal 2020. It also opted to pay rather than defer all its VAT payments "in order to support the nation's finances", adding that it "operated as normal" during the lockdown period.

More on People

Exertis appoints global diversity and inclusion programme lead

Exertis appoints global diversity and inclusion programme lead

Newly created position will drive Exertis’ D&I strategy

Josh Budd
clock 17 January 2022 • 2 min read
Ingram Micro names Paul Bay as new CEO

Ingram Micro names Paul Bay as new CEO

Bay has held a number of roles with Ingram Micro including as executive vice president and president of Global Technology Solutions

Daniel Bennett
clock 13 January 2022 • 2 min read
NTT appoints former Tech Data exec as new CEO for Europe

NTT appoints former Tech Data exec as new CEO for Europe

Appointment of Miriam Murphy will ‘supercharge’ NTT’s efforts in the continent, according to CEO Abhijit Dubey

Dan Bennett
clock 10 January 2022 • 1 min read

Highlights

MSP billing vendor CloudOlive gains $750k of additional funding

MSP billing vendor CloudOlive gains $750k of additional funding

The investment will be used to support product development and accelerate deeper integration

Dan Bennett
clock 20 January 2022 • 2 min read
UK MSPs could be fined up to £17m under proposed cybersecurity regulations

UK MSPs could be fined up to £17m under proposed cybersecurity regulations

Government proposes expanding NIS regulations to include MSPs which could carry hefty fines for those that don’t implement effective cybersecurity measures

Dan Bennett
clock 20 January 2022 • 4 min read
Nordic reseller Atea ranked 'world's most sustainable IT services company'

Nordic reseller Atea ranked 'world's most sustainable IT services company'

The Nordic giant has been recognised for the first time in an annual ranking by North American research company Corporate Knight

Kelsey Rees
clock 20 January 2022 • 1 min read