Gateshead-based MSP Aspire has set a new £100m revenue goal after surpassing its previous £50m target two years early.
The LDC-backed Microsoft, Mitel, Cisco, Veeam, Check Point and Extreme Networks partner claims revenue for its year to 28 February 2025 vaulted 28% to £50.9m.
This was more than matched at the bottom line, as adjusted EBITDA advanced by a third to £8.8m.
Having been valued at £85m at the time LDC invested in 2022, Aspire went on to make two sizeable acquisitions in the shape of Glasgow-based Cloud Cover IT (December 2023) and the MSP business of Leeds-based CloudCoCo (October 2024).
Aspire bills itself as “one of the UK’s leading providers of managed IT, cyber security, and modern workplace solutions”.
Ranking 125th in Oxygen 250 2025, it is among a select group of IT providers to hold a Royal Warrant.
Aspire claims its fiscal 2025 numbers were supported by £1.7m of investment in technology, including private cloud and network enhancements and new AI-powered tools designed to speed up service and improve resolution times.
Over the past year, it claims to have bagged 250 new customers and grown headcount to more than 300.
“With our 2027 goal achieved, we are now working towards a new milestone of more than £100m turnover by 2030, guided by a strategic growth plan,” Aspire stated.
