QBS Software has “clear parallels with the early days of Softcat’s rapid growth”, its new CFO – who spent nine years at the Marlow-based reseller juggernaut – has asserted.
Charlie Heald will pull QBS’ financial strings after vacating his post as Softcat’s Commercial Finance and Investor Relations Director last summer.
Eyeing a $1bn 2030 revenue target, London-based software distributor QBS has made two acquisitions already in 2024 – including that of pan-European VAD Prianto.
Heald played a “senior role” in steering Softcat through its November 2015 IPO and subsequent growth, QBS claimed.
The LSE-listed, Marlow-based IT infrastructure reseller is currently sitting pretty at a £3bn-plus valuation.
In a statement, Heald said he was drawn to QBS’ “ambition, culture and trajectory”.
“There are clear parallels with the early days of Softcat rapid growth, a strong culture, and a clear leadership position in the software channel,” Heald stated.
“I’m excited to join a business with such momentum and to help shape its future.”
Heald is the latest senior hire for QBS Software following its double non-exec swoop on channel veterans Alex Tatham and Kevin James in October. The 400-employee outfit – which characterises itself as a software delivery platform – also recently assembled a post-acquisition integration team.
Heald’s “experience and insights from scaling one of the UK’s top tech companies will be invaluable”, QBS Software CEO Dave Stevinson stated.
“Scaling up QBS is all about the careful fusion of people, process and technology,” Stevinson added in comments to IT Channel Oxygen.
“The complementary introduction of new talent with the continued investment in loyal colleagues is core to our accelerated growth plan.”
