Revenue: £171.5m (+11%)
Headcount: 473
As well known for selling janitorial supplies as tech, Sheffield-based Banner is a sizeable player in our market thanks partly to its inclusion in several public sector IT frameworks. The HP, Brother, Microsoft and Xerox partner saw calendar 2022 revenues rebound 11% to £171.5m as more staff returned to its office stomping ground. High inflation had a “material impact” on profits, however, as “costs were passed onto customers at contractually fixed points”.
Oxygen ice-breaker: Banner’s parent evo bagged reinvestment from private equity backer Endless in October 2023.
