Adam Binks, CEO of one of the UK’s fastest-growing managed IT services and cloud hosting providers, SysGroup PLC (‘SysGroup’), has been named in the prestigious North West 42 under 42.
Insider’s listing has been compiled annually for more than 25 years, made up of some of the most prolific and renowned names in business. Previous names have included football agent Peter Kenyon and Redrow founder, Steve Morgan CBE.
Having been appointed as CEO earlier this year, Adam was recongised by the judges for his leadership in taking the company through a period of impressive growth, resulting in a 46 per cent uplift in revenue to £10.5m for the year ending March 2018.
This growth was underpinned by the strategic acquisition of Rockford IT in late 2017, followed by a three year £1m contract win with Home Bargains (T.J. Morris Limited) and significant investment in sales and marketing functions to help organic growth in coming years. Adam has also led the company to a 168 per cent increase in headcount in the last two years, with plans in place to grow that further in coming months.
Simon Keegan, Editor of North West Business Insider said: “It’s a pleasure to welcome Adam into this year’s 42 under 42 as chief executive of SysGroup. SysGroup is a fast-growing company and it’s clear Adam is delivering a fantastic growth strategy.”
Discussing the news, Adam said: “I am extremely passionate about the growth of the business and the reputation of the North West as a hotspot for leading technology firms, entrepreneurs and talent in the UK, so I am delighted to be named as one of Insider’s 42 under 42.
“This year has been transformational for SysGroup. We have grown at great speed and have strategic plans in place to scale further in the years to come. This will be achieved through organic growth, while continuing to leverage our AIM listed status to acquire complimentary businesses that provide additional capabilities and talent.”
Looking ahead, SysGroup is well placed to take advantage of the growing demand for managed IT services and cloud hosting through organic growth and strategic acquisition opportunities.
Adam, who joined SysGroup in 2014 as COO, has extensive experience in the managed IT, hosting and telecoms sectors, including playing a pivotal role in the transformation of SysGroup’s shift to the managed services provider it is today. Adam has previously held a number of senior management & board level positions. Prior to joining SysGroup, Adam was Sales and Technical Director at managed hosting and connectivity provider, Vispa Ltd.
SysGroup delivers a wide range of managed IT services, cloud hosting, IT security and consultancy services under one core brand, which is aligned to the transformation and strategic growth it has experienced in recent years. The company works with a total of 950 customers across a number of regions and sectors, including financial services, insurance, retail, technology, not-for-profit, education and healthcare.
The full 42 under 42 list is included in the October edition of North West Business Insider.
Visit the SysGroup website here: https://www.sysgroup.com/
"This year has been transformational for SysGroup. We have grown at great speed and have strategic plans in place to scale further in the years to come."
Adam Binks, SysGroup CEO
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