London MSP Claranet has delivered near 50 per cent growth in the 2018 financial year.
CEO Charles Nasser described as an “exceptional” year with the EBITDA for Claranet’s financial year ending 30 June 2018 increased by 29 per cent to £50 million on revenues that soared by 49 per cent, totalling £321.6 million.
The growth appears to be due to both organic growth and acquisitions. The MSP bought UK security firm Sec-1, French DevOps outfit Oxalide and €95 million turnover Portuguese VAR ITEN Solutions.