46. Vohkus
Revenue: £92.2m (+31.5%)
Staff: N/A
Vohkus got snapped up by highly acquisitive SCC this year, meaning this will likely be the last year we break out revenues for the Southampton-HQ MSP.
In its most recent financial report, Vohkus credits the post-covid rebound for its revenue growth and improved profitability, which saw profit before tax increase from £1m to £1.3m.
SCC, bolstering its M&A efforts, strategically acquired Vohkus, emphasising the importance of scale in the consolidating market.
SCC CEO James Rigby views the acquisition as a means to swiftly access Vohkus' substantial customer base and capitalise on cross-selling opportunities, particularly in higher-margin services.
Despite Vohkus' revenue hovering just below £100 million for years, its previous strategic report (for 2021) outlined ambitions for this milestone, signalling alignment with SCC's growth objectives.
The acquisition represents not only a strategic manoeuvre but also an enablement play to leverage Vohkus' customer relationships and augment SCC's market position, reinforcing the notion of a classic scale play in the dynamic landscape of MSPs and technology resellers.