Fast growthM&ANew markets

Academia Technology Group, an IT solutions and services business for the education, creative, public, and private sectors, has set out its plans for further growth after reporting revenues of £114 million in 2022.

The company grew its turnover by 34% year-on-year and has increased its overall headcount by 40 staff to over 180 to support the delivery of its growing service portfolio from its new headquarters in Hemel Hempstead, Hertfordshire.

In the year ahead, it said it will execute a four-pronged growth strategy, namely vendor partnerships, expansion into new sectors, building its service portfolio and geographic expansion through new regional hubs to support the managed service for schools. 

ATG will also expand the geographic coverage of the IT asset recycling business which is seeing rapid growth.

In line with ATG’s mission to improve access to technology in every community, the company will continue to invest in its programme of partnerships with sports clubs which provides schools with free technology resources.

The programme, which was initially rolled out in July 2022, allows qualifying schools to claim a combination of free Acer devices and IT support services from ATG with an uptake already in excess of 500 devices in the first three months since launch.

Revenues grow at listed cyber firm Intercede

“Our growth in the last year has been fuelled by customers who need a trusted partner who ensures they have the best technology and best support in place for their day-to-day operations,” said Mark McCormack, chief commercial officer at ATG.

“We know from our sustained growth in the education sector, that where we provide the right combination of services we’re seen as the long-term partner of choice for our clients.

“By growing the number of vendors we work with, and diversifying our services to meet the evolving needs of our clients, we’ll be in a strong position to deliver on our ambitious growth plans in our current sectors of strength and in new ones such as cyber security services, sustainability, and cloud storage solutions.”

Andrew Harman, owner of Academia Technology Group (pictured), added: “Two years on from making our growth investment in ATG, the business is making impressive progress, further securing its position as the IT partner of choice for its clients in education, the NHS and in the private sector.

“I am confident the strategy for the year ahead will position the business for future success, even with the economic challenges that lie ahead.

“Every business should play a part in supporting the community it serves, and I am delighted to see the partnerships we are forging with sports clubs help schools and communities, giving them access to IT equipment. 

“This will provide even more children with the technology they need as the programme gathers pace over the coming months.”

Jess Jackson: Successful startups are more than the CEO