Tech firm dials up growth plans as turnover set to double

Telephone, internet and mobile firm The Technology Group says it is on track to double its revenue this year as it announced plans to grow the business through acquisitions.

The firm is set to post turnover of £3.5m this year, compared to £1.8m for 2016, up from £995,000 the previous year.

Posting a fifth consecutive year of growth since the firm was founded in 2011, The Technology Group has also doubled its head count over the past 12 months, coinciding with a move to larger, headquarters in Leeds.

The business is currently recruiting a number of staff nationwide within its installation, sales, and account management divisions.

Supported by a range of telephony services, including the firm’s own private hosted VoIP platform, The Technology Group is supplying products and services to a growing number of businesses in the healthcare, legal services, recruitment, manufacturing and technology sectors.

Notable projects awarded in the last 12 months include a global roll out of a fully integrated VoIP telephony platform, with a single web-based portal for management across all 15 international sites for logistics firm Ligentia.

The Technology Group has also secured a range of contracts combining business telephony, internet and mobile communications for UK clients including The NHS Leadership Academy, Oxford and Reading Colleges, Rugby School, and Leeds-based creative agency Intermarketing.

Sales director Jonathan Marsden says: “It’s been a really exciting five years for us. To come into the telecoms market as a new company, and grow so rapidly, is a testament to the team we have built and the key service and cost benefits we can provide over that of our competitors.

“At the heart of our success has been our company ethos and method of recruitment. We wanted to be a company with the best experts and individuals in the technology market, and that meant going out and finding those shining stars in the industry, getting everyone behind our vision, and buying in to what we are trying to achieve in terms of high levels of personable service.

“By continuing to invest in the team, they will be able to support our ambitious expansion plans and ensure the business continues to thrive at the forefront of the industry. Our next steps are to continue to grow our business with a gradual acquisition strategy to complement our existing organic growth.”