LBB Sentronex: Ambitious plans in Managed Services

Sentronex was founded a decade ago and today remains a profitable, privately held managed services provider to the financial services sector. The company currently turns over c.£5m and produces a healthy profit. Its services span IT support and consultancy, hosting and disaster recovery, cloud services (e.g. virtual desktops), and software. With regards to the latter, Sentronex has specific expertise in providing customised broker CRM, Business Continuity planning and risk and compliance solutions to the FS sector. Its acquisition of Factonomy last year was an important step forward in moving into the software market.

Whereas many providers of IT managed services work cross-sector, Sentronex has been FS-focused since day one. Notable clients today include two of the leading US investment banks. Not only do we like this sector focus, but we’re drawn to its ambitious plans for growth. It intends to complement strong organic growth (20% CAGR 2009-2014) with acquisitive growth. The company is targeting other small UK suppliers of managed services to the FS sector in order to scale-up and access a broader customer base into which it can sell its existing services. We understand that plans are already underway with targets in sight. We’ll shortly be compiling a full profile on the company and will be examining this growth strategy in greater detail. 

Posted by Kate Hanaghan at '08:14' - Tagged: cloud   financialservices   managedservices   hosting