Posted on November 29, 2016 by staff

NorthEdge-backed IT firm Jigsaw24 hails ‘excellent’ year


IT firm Jigsaw24 has hailed the integration of Apple products as a ‘major driver’ during an ‘excellent year’ in which revenue is nearing £100million.

Pre-tax profit climbed to £2.3m – from £996,000 in 2015 – and the company revealed a turnover of £94.7m to 31 May 2016, up from £83.3m a year earlier.

According to a statement filed with the accounts, introducing Apple products into the corporate, education and creative sectors had a significant impact on its performance.

The Nottingham-headquartered company’s growth was also partly driven by the contribution of Square B2B, which was bought in June 2014.

Jigsaw24 also has offices in Manchester and London, and is backed by NorthEdge, which purchased a majority stake in 2013.

It is now one of the UK’s largest B2B resellers Apple computer systems and Adobe software.

Tom Rowley, investment director at NorthEdge Capital, said: “Jigsaw24 has demonstrated strong organic growth since our initial investment.

“The business has also expanded through strategic acquisitions which have enabled the company to establish a thriving London office and capitalise on the increasing demand for its value added services.

“The management team remain highly committed and focussed on their core creative customer base and have also secured a number of high profile contracts with larger enterprise customers in the last 18 months.”