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Home Oxygen 250

84. Lemongrass Consulting

Oxygen staff by Oxygen staff
25 January 2024
in Oxygen 250
One of Europe’s largest IT resellers, Econocom, just posted growth
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Revenue: £60.2m (+48%)      

Headcount: 386

Investments made during calendar 2022 to support “continued rapid growth” underpinned a 48% annual revenue leap at the UK subsidiary of this SAP partner. Headcount bulged by more than 130 during the period, although net losses doubled to £15.1m. Its US parent scored $25m in Series D funding in December 2021 to boost the choice of SAP clouds offered to span Google Cloud and Microsoft Azure, on top of AWS.

Oxygen ice-breaker: Claiming to support 750,000 SAP users globally, Lemongrass styles itself as a software-enabled services provider “synonymous with SAP on cloud”.

Tags: Lemongrass Consulting
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