Revenue: £56.3m (+63%)
Headcount: 276
This acquisitive ‘talk and tech’-focused MSP’s revenue runrate now stands at £120m, CEO Matt Parker told IT Channel Oxygen in August 2023. The Microsoft partner has made 34 acquisitions since 2018 under successive private equity backers LDC and Graphite (including nine in 2023). “We have aspirations now of turning this into the first £1bn-revenue cloud services provider in the UK,” Parker (pictured above and below) said. Babble’s calendar 2022 revenue haul hit £56.3m.
Oxygen ice-breaker: Parker’s aversion to the term ‘solutions’ saw him rebrand Babble from ‘IP Solutions’ after he joined in 2016.
