Yorkshire IT business set to create new jobs and accelerate growth with £600K investment
A Yorkshire IT business is set to create 23 new jobs and safeguard a further 50 jobs having received a £600k government-backed loan from the Northern Powerhouse Investment Fund (NPIF).
Harrogate-based Intelligent Servers Ltd provides professionally refurbished computer equipment including servers, storage, networking, and components, specialising in HPE, Dell and Cisco.
Founded in 2011 by managing director Andrew Hughes, Intelligent Servers has experienced year-on-year organic growth and now generates revenue levels in the region of £8m a year, delivering refurbished products to a portfolio of over 3,000 clients, including the BBC, Canon and Manchester United FC.
This NPIF investment will be used to fund the planned growth of Intelligent Servers by improving purchasing power, facilitating stock growth, expansion of the warehouse and an increase in staff.
During the coronavirus pandemic, Intelligent Servers experienced a 1600 per cent increase in Laptop orders compared to the previous year due to the huge rise in people working from home.
The internationally recognised business also worked on many larger IT projects to rapidly increase bandwidth for video conferencing companies and supported schools to move teaching online.
Andrew Hughes, MD, Intelligent Servers, commented: “Due to the demand for cheaper and more affordable IT equipment, our professionally refurbished equipment is now highly desirable.
“This funding will allow us to grow and deliver our exceptional service to more customers while supporting us to create 23 exciting new positions at our company.”
Alex Brown, assistant investment executive, FW Capital, added: “We are delighted to back Intelligent Servers, a business with a great track record of growth and a proven management team.
“Our investment will assist Intelligent Servers in achieving their growth strategy through maintaining higher stock levels and improving purchasing power. Best of all, this growth strategy will support significant job creation.”
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