Revenue: £1.049bn (+20%)
Staff: 751
Turning over £175m as recently as 2020, this Portsmouth-based IT infrastructure provider is now a £1bn-plus giant following an extended period of lightning organic growth.
Continued investment in both India and the US resulted in “several new customer wins” in its year to 31 March 2024 as revenues powered up by a fifth to hit £1.049bn (following 50%, 89% and 76% growth in 2023, 2022 and 2021, respectively).
This was more than matched at the bottom line, as EBITDA swelled from £11m to £19.2m.
Having not made an acquisition since 2017, Bell last February snapped up the 300-employee managed services team of global AI software outfit Amelia.
Founded in 1996 by Alastair Bell, the Dell, IBM, Nutanix, Pure Storage, AWS, Microsoft and NICE partner claims to count “many” global fintech, telco and public sector organisations among its customers.
Oxygen ice-breaker
Bell span off its £9m-revenue Hamilton Rentals business in an MBO in September (having acquired the IT and AV rental outfit in 2017).
