Friday 08 October 2021

*UKHotViewsExtra* The Access Group: scale up continues; directions crystallising

The Access GroupWe caught up with The Access Group team when they released full year fiscal 2021 results recently for a deeper dive into what is shaping this UK HQ’d business software company that specialises in mid-market enterprises. 

It has an impressive growth story having doubled in size every two years for the past few years, something CEO Chris Bayne doesn’t see changing for the foreseeable. Several of its divisions have now reached £100m revenue milestones, the size the overall business was just four years ago. Acquisitions have driven growth - a remarkable 18 completed during the most recent financial year to June 2021 and 30 over the past three years - but the company has also delivered organic growth once the acquired companies have been assimilated, demonstrating its ability to build post the buy phase. At the same time it has managed over 15 years of uninterrupted profitable growth, including EBITDA CAGR of 56% over the 2017-21 period, with a reach target to double EBITDA every two years. 

As it continues to scale up - at pace, move to a divisional structure to support expansion, and develop its cloud Workspace platform and proposition, its direction and objectives are crystallising. TechMarketView subscribers can read our analysis in UKHotViewsExtra The Access Group: scale up continues; directions crystallising

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Posted by Angela Eager at '08:51' - Tagged: cloud   software   acquisitions