MTI puts in strong performance post acquisition
MTI Technology's performance since its acquisition in January last year by PE investor Endless is reflected in positive results that show 20% growth in professional services and expansion in the security and data centre space.
In its financial results for the 16-month period ending March 2018 the Godalming-based EMC partner reported £94.5m revenues and an underlying EBITDA for the period of £2.2m, representing a year-on-year 12.4% increase.
“Since the Endless acquisition we’ve worked hard to build on our strengths and expand our service offerings," stated MTI CEO Scott Haddow (pictured).
"Combined with strategic investments in management, sales and marketing, this has enabled strong revenue growth in 2018 with security and professional services performing particularly well.
“We’ll continue to invest in the team, build out our services portfolio and look for acquisitions that offer a strategic fit in the coming year."
Endless has invested in MTI's managed service portfolio including an expansion of its cloud-based services which led to a Microsoft Cloud Solution Provider designation.
Other investment areas are sales and marketing and a strengthened technical sales function boosted by the hire of a CTO to lead the pre-sales teams.
“We’ve made incremental but strategic investments over the last year, the costs of which have already been recovered as profits have remained stable,” added Haddow. “Having made these investments MTI is well-placed to see continued strong revenue growth."
In a separate statement MTI Technology announced Pieter Knook as a Non-Executive Director and Chairman of the Board.
His experience includes an 18 year spell at Microsoft where he became one of its top 25 executives.
Knook also built a new software services venture for Vodafone Group, launching and evolving Vodafone 360.
Other previous Vodafone roles include positions on the Strategy Board, Marketing Board, Ventures Board, CEO Council and Group Marketing Leadership Team.
Knook is Chairman of the Bullitt Group, a ruggedised mobile device manufacturer.
Source: commsdealer
Industry: Unified communications news

Latest Jobs
-
- Security Analyst. Financial Services. UK. Permanent
- Unknown
- N/A
-
CH7863 Security Analyst. End User . Financial Services Security Analyst needed to monitor and manage a security suite of tools within an End User environment. The Security Analyst will be responsible monitoring, configuring, fine tuning, incident management and generally improving the security tool capability. Specific experience with CyberArk, Tripwire Log Center and Tripwire Enterprise is highly desirable). Current experience with Vulnerability management and penetration testing is highly desirable. Specifically the ability to effectively manage 3rd party pen tests. You will be working within a specialist security team reporting to the CISO. Experience working within an end user environment within financial services is highly desirable. Flexible location. This is an exclusive role to DCL Search & Selection. To book a call please use my Calendy link https://calendly.com/chris-holt/arranged-call-with-chris-holt-soc-role-
-
- DevSecOps - Security design / review consultant. SC Clearance. London
- London
- N/A
-
CH7858 London £70,000 DevSecOps - Security design / review consultant. DevSecOps - Security design / review consultant will ensure that newly created, public facing apps are secure by design and by default by aligning them to current / best practice security policies and standards into the design phases. The individual must have a technical software / application development background with specalist experinece in secure architecture design. (Frameworks, processes, best practice etc) Practical experience translating and ensuring that the OWASP top 10, ISO27001, HMG frameworks requirements are reviewed and embedded into project designs which are implemented is essential. Experience working projects through a full development lifecycle is key. You will work along side the design and project teams to idenitfy and mitigate risks throughout the design phases. This is a permanent role. SC clearance is essential as is the ability to get to the London office. (When appropiate #covid) Security DevSecOps consultant. To arrange a discreet call book via https://calendly.com/chris-holt/devsecopp--security-design-review-consultant
-
- CONTRACTOR Cyber Vulnerability Analyst, NESSUS, Rapid 7, SC clearance required.
- London
- N/A
-
Cyber Vulnerability analyst NESSUS, Rapid 7, needed for IMMEDIATE 3 month contract MUST have / be able to achieve UK SC clearance role to work within a live environment within a public sector department. The individual must have experience in using various security methods and tools such as Rapid7 and NESSUS scan for / identify vulnerabilities, prioritise them according to risk and raise appropriate tickets for remediation / follow up. In depth experience utilising Nessus highly beneficial. Current cyber public sector experience highly desirable.
-
- Internal Security Auditor, Level 1 Service Provider (ISO27001)
- London
- Upto 55,000 plus benefits
-
Internal Security Auditor ISO 27001, PCI, needed to join a Cyber team within this expanding Fintech business. The Internal Security Auditor will have end to end responsibility for planning, delivering, remediating any findings etc. Experience working within financial services is highly desirable. This Is a great time to join a newly formed and growing Cyber team within a rapidly expanding fintech, that is taking a major share of its market. We are looking for someone with experience, (but not to be limited to) a mix of Information Security standards, frameworks, audit principles, controls / policies and the management and use of the technical tooling etc. ISO 22301, ISO 27001, NIST Cybersecurity Framework etc An ideal candidate will be working within an end user environment with a cyber consultancy background. Experience taking a company through accreditation is highly desirable Experience managing internal stakeholders, technical teams and external third parties essential Flexible working, but with the ability to get into London. This is an exclusive role to DCL Search & Selection.