5 Wavenet
YoY growth: 66%
UK revenues: £216.8m
Oxygen 250 ranking: 18th
Specialism: Unified comms, cloud and cyber
This Macquarie Capital-backed MSP created a £500m-revenue giant last summer when it acquired similar-sized peer Daisy Corporate Services.
The Solihull-based outfit saw revenues rocket by almost two-thirds to £216.8m in its year to 31 March 2024 (with 2023 acquisition Adept contributing £66.9m to the total).
The enlarged Wavenet business counts Microsoft, Extreme Networks, Fortinet, Content Guru, Five9 and 8×8 among its top-ten vendors.
Recent moves
Wavenet will complete its integration of Daisy Corporate Services by 31 March 2025, CRO Mark Phillips told IT Channel Oxygen in December.
“We’re about halfway through that journey at the moment,” he said.
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