73. Digital Space

Revenue: £58.9m (+2%)

Staff: 364

Having "transformed itself" by acquiring and integrating public and private cloud capabilities, this midmarket MSP admitted its margins were dented by a shift in its revenue mix towards public cloud migrations in its year to 31 March 2022. Although revenues rose two per cent, adjusted EBITDA dipped from £9.5m to £8m. Following a five-year stint with Horizon Capital, Nottingham-based Digital Space welcomed in Graphite Capital as its new private equity backer in October 2022.