UK-based Transparity Solutions Limited has secured funding from Beech Tree Private Equity (BTPE) to accelerate its business growth plans in addition to the impressive organic growth already achieved since 2015, ensuring they sustain their place as a leading Microsoft partner in the UK.
Transparity currently employ 60 staff across the UK and plan to grow to 200 in the next three years, focusing on continued organic growth and strategic acquisitions to widen its reach in providing Microsoft Technologies to its customers.
Incorporated nearly six years ago, the business was started with a completely different culture in the tech industry; one that puts its staff, customers and partners first and before profits, being transparent, and ensuring growth is delivered through strong relationships built on trust.
This has delivered more than 60% year-on-year organic growth since inception and will only be strengthened by these future plans. Their sixth financial year is on target to deliver £13m turnover (growing from £7.9m despite COVID-19) and the following year is expected to be £21m turnover, all delivered through organic growth.
Today the business focuses on Microsoft Cloud, with expertise in areas such as Microsoft 365 and Azure services. With an impressive 12 Gold Competencies and the status of being a direct CSP provider, customer success and support is ensured from beginning to end.
There will be no deviation from its heritage, with the company only working with the Microsoft platform. However additional services in Security, Dynamics 365, Business Applications and Teams Enterprise Voice will see investment to strengthen the existing portfolio.
David Jobbins (CEO, Transparity) said: “In today’s evolving environment, our customers need us and the tools we specialise in more than ever, supporting organisations through COVID and beyond in a sustainable way is essential for us to focus on.
“Since starting the business six years ago, we have been focused on becoming the most highly-skilled and best Microsoft partner in the UK. Today, I am proud to say that our incredible team have achieved this, and the investment and partnership with BTPE cements our position firmly for the future. It will be my core responsibility to ensure that the unique culture we have built in Transparity does not change and is only strengthened moving forward.
“This is excellent news for the team at Transparity and for future opportunities inside the business, fantastic news for our customers and the services we will enhance. It is also excellent news for Microsoft and will deepen our partnership with them.”
Adam Rudd (Beech Tree) said: “We have been seeking to work with Transparity for two years, and I am very pleased to join in with today’s announcement on this excellent news. We have been looking for a suitable partner to support the growth in the Microsoft Cloud space, and Transparity stood out with an incredible team that is loved and respected by its customers and Microsoft alike. We believe that Transparity is a fantastic platform which we can add to with strategic acquisitions to help the business grow its capabilities even further.
“This partnership cements two great teams coming together and creates a fantastic market opportunity to grow an incredible business focused on Microsoft technologies, whilst continuing to build on what already sets Transparity apart from the crowd.”
James Chadwick (GM UK Partners, Microsoft) said: “Transparity’s focus on driving valuable outcomes through a combination of investing in deep skillsets and strong partnerships sets it up for delivering significant impact for our mutual customers.
“I would like to congratulate Transparity on the news of this latest agreement, which further demonstrates its commitment to accelerating digital outcomes and business value across the breadth of Microsoft capabilities and services.
“As we continue our partnership with Transparity, the team’s energy for innovation continues to grow. I am looking forward to seeing the progress we continue to make together.”
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