Monday 19 July 2021

*UKHotViewsExtra* Foundation SP starts its investor journey

Foundation SP logoWe last wrote about Foundation SP in December after it secured funding from LDC (see Foundation SP secures "multimillion-pound" investment) to support its bold organic growth strategy. With LDC’s backing, the aim is to expand its client base, add to its suite of digital software and services, and consider complementary acquisitions.

Half a year on, we caught up with Simon Grosse, Foundation SP’s CEO, and Tim Ebenezer, COO. Foundation SP’s last financial year completed at the end of December 2020 and accounts have just been published. Revenues for the year were up 49% to £8.8m and adjusted EBITDA grew 92% to £2.5m. During the year, on average, the number of people employed was 71.

Within its digital transformation services portfolio, the company has three key business areas… Read more in UKHotViewExtra…

Posted by Georgina O'Toole at '06:55' - Tagged: digital