The UK’s Fastest-Growing Companies in Managed IT Services

Words John McCrea

The UK’s Fastest-Growing Companies in Managed IT Services

Our team rank the UK’s top 10 IT managed service providers, by growth in headcount.

The IT industry has long struggled with a skills shortage, with a UK Government report revealing that nearly 50% of all UK companies have a gap in basic cyber security skills. The result of this is a competitive hiring landscape and IT professionals commanding salaries that many businesses cannot afford, despite the uptick in graduates outlined in the report. 

But as the CrowdStrike incident and the Jaguar Land Rover (JLR) cyber attack demonstrate, the latter of which cost the company £2b in damages, companies also cannot afford not to have a functional IT and incident response team. 

This gap between urgent need and prohibitive expense is where the managed IT services industry comes in. For a monthly retainer, MSPs deliver an all-inclusive or àla carte approach to IT provisions, enabling companies from startups to large corporate multinationals to flexibly select the level of support their company requires.

From IT strategy and procurement through to cyber security solutions such as network security (firewalls) and endpoint security (antivirus software), MSPs work with businesses of varying size, facilitating their IT infrastructure without the need for an on-site team.

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Overview of the UK managed IT services market

In 2026, the managed IT services industry has so far amassed a total annual revenue of £50.6b in the UK. And as of July 2026, there are 14.6k active companies in the managed IT services industry, 5.3% of which have seen their headcount grow by 50% or more, based on their two latest financial statements.

However, it’s the large MSPs that thrive, with the top 4% of managed IT services companies hoovering up 84% of the total sector revenue — up from 74% since the previous edition of this report was published. Large MSPs are able to scale with fast-growing companies and keep up with their desired level of support, positioning them advantageously for retaining clients. 

Regionally, the top three fastest-growing regions are London (37%), the South East (14%), and East of England (9%).

Ranking the UK’s fastest-growing managed IT services

In this article, we’re looking specifically at the fastest-growing companies operating in the managed IT services industry. 

To determine growth, we’re including companies that have seen a 50% (or greater) growth in headcount between their latest two financial statements.

Finally, only MSPs with 10 or more employees are included. This is to filter out the one-man bands and to ensure that company growth is truly representative. A 500% growth rate might sound impressive, but if it’s from one person to six, that’s less reflective of growth than a company that increases headcount from 10 to 50, or 100 to 500.

Methodology

We used Beauhurst’s Advanced Search tool to find the UK’s fastest growing IT services companies. To be included, a company must meet the following criteria:

  • Operate in the Technology consultancy and IT and telecommunications support industry
  • Be ‘Active’ on Companies House
  • Be headquartered in the United Kingdom
  • Include any of the following phrases in their business description: MSP Managed services Managed IT MSSP IT support Endpoint Network Managed service provider

The UK’s fastest-growing companies in managed IT services

Now we come to the fastest-growing IT managed service providers, sorted in ascending order by growth in headcount according to their latest financial statements.

01.

Bold IT

Established: 1993Location: West MidlandsHeadcount increase: 70%

Bold IT is a Tamworth-based managed service provider delivering IT support, cyber security, and business communications. Originally a residential computer repair business known as Boldmere Computers, it was bought out by brothers Steven and Anthony Brazier in 2021 and rebranded as Bold IT, since securing external investment and quadrupling its turnover and headcount.

Bold IT has seen its headcount increase by 70%, from 10 to 17 employees, as of its latest financial statement.


02.

Chestnut Infrastructure Ltd

Established: 2021Location: West MidlandsHeadcount increase: 723%

Chestnut Infrastructure is a Worcestershire-based managed IT services provider focused on the education sector, delivering ICT support, network infrastructure and connectivity to schools and academy trusts. 

Chestnut Infrastructure has seen its headcount increase by 73%, from 11 to 19 employees, as of its latest financial statement.


03.

Truly SMB

Established: 2024Location: East MidlandsHeadcount increase: 75%

Truly SMB is a Castle Donington-based managed IT services provider, helping small and medium-sized businesses adopt Microsoft and AI technologies through fixed-scope, fixed-price support. 

The company was founded by Vicky and Brett Critchley, previously of Bam Boom Cloud which was acquired by Pax8 in 2023, alongside chief executive Tim Rookes, formerly of True MSP.

Truly SMB has seen its headcount increase by 75%, from 12 to 21 employees, as of its latest financial statement.


04.

Redsquid

Established: 2003Location: East of EnglandHeadcount increase: 87%

Redsquid is a Hertfordshire-based managed security service provider (MSSP), delivering IT, cloud, connectivity and cyber security. 

The company has grown quickly through 10 of its total 18 acquisitions in the last 18 months, buying specialist MSPs and telecoms businesses including Computer Security Technology, Penstone Communications, and RedMosquito.

Redsquid has seen its headcount increase by 87%, from 37 to 69 employees, as of its latest financial statement.


05.

Acuutech

Established: 1996Location: East of EnglandHeadcount increase: 88%

Acuutech is an Essex-based managed service provider specialising in hybrid cloud, virtual desktop and disaster recovery solutions for SMEs and enterprises. 

Originally founded to serve payment processing providers, the company has built a long-standing Microsoft partnership and now operates offices across Europe, Asia, and North America. Unlike several other companies on this list, Acuutech’s growth appears to be organic, with no acquisition or fundraising activity on record.

Acuutech has seen its headcount increase by 88%, from 32 to 60 employees, as of its latest financial statement.


06.

Fifosys

Established: 2001Location: LondonHeadcount increase: 100%

Fifosys is a London-based managed IT services provider, delivering outsourced IT support, cloud computing, cyber security, and infrastructure management to SMEs and mid-market businesses. 

Fifosys has doubled in size between its two most recent financial statements, with a headcount increase of 100%, from 38 to 76 employees.

Much of this growth follows the May 2024 acquisition of TMB (Technology Means Business), Fifosys’ third acquisition in five years, which alone added around 40% to headcount.


07.

Dynamic Networks Group

Established: 2009Location: Yorkshire and The HumberHeadcount increase: 108%

Dynamic Networks Group is a Leeds-based managed service provider specialising in IT support, cyber security, networks, and infrastructure. The company has built its reputation over more than a decade working with businesses across Harrogate, Halifax, Huddersfield, and York. 

A 2023 management buyout backed by Kingland Capital kicked off an active acquisition strategy, with the business buying Penntech, Peak Support Services, and Ambico in quick succession.

Dynamic Networks Group has seen its headcount increase by 108%, from 12 to 25 employees, as of its latest financial statement.


08.

TDM Group

Established: 1997Location: South EastHeadcount increase: 213%

TDM Group is a managed business IT services provider, offering outsourced IT support, managed hosting, cloud backup and disaster recovery to customers across the UK, Europe and the Middle East, with offices in London, the US and Jordan.

TDM Group has seen its headcount increase by 213%, from 23 to 72 employees, as of its latest financial statement.


09.

Hudson Hill Consulting

Established: 2004Location: North WestHeadcount increase: 347%

Hudson Hill Consulting is a North West-based managed IT services provider, delivering IT support, cyber security, networking and cloud solutions to more than 2,500 SMEs and education establishments. The company has recently rebranded to Commited, though its underlying business remains unchanged.

Hudson Hill Consulting has seen its headcount increase by 347%, from 15 to 67 employees, as of its latest financial statement.


10.

Sisl Infotech (UK) Ltd

Established: 2018Location: LondonHeadcount increase: 670%

Sisl Infotech (UK)is a managed service provider and value-added reseller, delivering data centre and cloud solutions, network connectivity and security services, and managed helpdesk support. 

Part of the wider SISL Global group, the company operates from its Watford technical service centre alongside offices in the US and Canada.

With a headcount increase of 670%, from 10 to 77 employees, Sisl Infotech (UK) is our fastest growing managed IT services provider in 2026.

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How our clients use Beauhurst to find MSPs

Advisory services for MSP funding, mergers, and acquisitions:

Beauhurst provides detailed information on high-growth MSPs, including their financials, funding rounds, and key executives. 

Corporate finance advisors can use this data to offer strategic advice to MSPs looking to secure funding, engage in mergers, or be acquired. 

The platform allows advisors to identify potential investors or acquirers and track the activity of competitors, facilitating well-informed decisions.

Sourcing new deal opportunities:

With Beauhurst, corporate finance advisors can quickly identify MSPs that are in need of capital or are seeking strategic partnerships. 

The platform’s advanced search capabilities enable users to filter companies by criteria such as industry, location, growth stage, financial health, and recent funding activities, making it easier to source high-potential deal opportunities.

Evaluating growth and scalability of MSPs:

Beauhurst tracks key growth indicators such as revenue increases, employee count, and market expansion efforts. 

PE and VC firms can use this data to assess the growth potential and scalability of MSPs before making investment decisions. This ensures that investments are made in MSPs that are well-positioned for future success.

Insights on market trends and competitive landscape:

Beauhurst offers up-to-date insights on market trends within the managed IT services sector, including emerging technologies and shifts in demand. 

PE and VC firms can use this information to understand the competitive landscape, identify industry leaders, and anticipate market movements. This strategic insight helps in making informed investment choices and in guiding portfolio companies.

Identifying investment opportunities:

Beauhurst’s platform is designed to help investors pinpoint high-potential companies that are likely to generate strong returns. 

PE and VC firms can use its search and filtering tools to identify MSPs that fit specific investment criteria, such as those with strong growth trajectories, innovative technologies, or underserved markets. 

This enables investors to capitalise on early-stage opportunities in the MSP sector.

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