89. Logicalis

clock • 1 min read

Revenue: £46.6m (-9%)               

Staff: 148

Logicalis made its first UK acquisition in over six years last August - snapping up £30m-revenue Q Associates - in a move UK&I MD Alex Louth said shows it is committed to "being at the top table in the UKI partner market". Having peaked at over £200m in 2014, Logicalis' UK revenues shrank a further nine per cent to £46.6m in its year to 28 February 2022 (with lengthening lead times and Covid blamed). Net losses halved to £2.1m, however. Part of South African IT group Datatec, the Cisco and IBM partner turned over $1.66bn globally.

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