Company name: Innovise
What they do: Enterprise and managed IT solutions
The Boss: Mike Taylor
Latest turnover (£,000): 19,018
Four-year compound sales growth (%): 32
Latest Ebitda (£,000): 1,185
Innovise can be broken down into two companies: the first, Innovise ESM, manages complex IT systems for blue-chip clients; while the second, Innovise Software & Solutions, develops software for facilities managers.
Since the company was founded in 2003 by Mike Taylor, Innovise has been on the acquisition trail, hoovering up 13 companies in a decade. Four-year compound sales growth at the company is 32 per cent, with turnover standing at just shy of £20m and an Ebitda of £1.2m.
Deciding it was not worth the cost of staying publicly listed, Innovise de-listed from AIM in 2011. The company is expanding internationally through an office in Mumbai, and is looking to win market share in the Middle East and Africa.
“Once again, our clear long-term strategy go invest in our business to deliver excellence to our customers in our chosen niche markets has paid dividends as we’ve succeeded in sustaining exceptional levels of growth,” says Taylor.
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