The sector in which QBS Software operates is experiencing “serious tailwinds”, its CEO told IT Channel Oxygen as it closed its latest acquisition.
The $1bn-revenue chasing software distributor this morning announced it has completed its acquisition of Riyadh and Dubai-headquartered VAD EMT – its sixth acquisition in the META region in the past 34 months and 15th in total since 2018.
London-based outfit QBS ranked 12th in Oxygen’s 50 Must-Know UK Distributors and Marketplaces 2025, with fiscal 2025 revenues reaching £294.5m.
Its claims its recent acquisition of pan-European VAD Prianto put it “firmly” on its way to its $1bn annual recurring revenue target.
“META is a great market for us with Saudi being the jewel in the crown,” QBS CEO Dave Stevinson told IT Channel Oxygen.
“We are planning to increase the investment in the region dramatically with a series of new hires in pre-sales engineering, demand generation and marketing roles.”
“I’m delighted with the way QBS is performing – we are in a sector of the market with serious tailwinds and we are scaling ahead of expectation.
“We are growing our UK business with new roles in sales, vendor management and pre-sales engineering, coupled with several roles in software development.”
Founded in 1989, EMT serves all six GCC nations and seven emirates from its regional headquarters in Riyadh and Dubai. Its vendors include Progress Software, Fortra, CyberBIT, Freshworks, Flexera Software, ESET, Matrix42, CoreView, and Heimdal.
Characterising itself as an “enterprise software delivery platform”, QBS works with 12,500 software publishers and 6,000 channel partners across EMEA.
