Evolve Business Group Secures Investment for Expansion
Evolve Business Group, a prominent company based in Wigan, UK, has made significant strides in the realm of managed network and IT solutions. Recently, the firm successfully secured a multi-million-pound investment from BGF, although the specific financial details of the deal remain undisclosed. This influx of capital is primarily aimed at fueling Evolve's ambitious expansion plans, both within the United Kingdom and on an international scale. Notably, the company has set its sights on the United States market, where it currently operates over 1,000 sites that cater primarily to the fuel forecourt industry across various states.
Founded back in 2005 and led by the visionary Alan Stephenson-Brown, who serves as CEO, Evolve Business Group has carved a niche for itself by delivering comprehensive managed network and IT solutions.
The company's mission revolves around helping businesses reduce costs while simplifying the complexity that often accompanies the management of various services. Evolve's expertise spans a diverse array of sectors, including retail, hospitality, food-to-go (FTG), and petroleum franchises. The firm offers a suite of four primary services—Business Connectivity, Guest Wi-Fi, SD-WAN, and IT Support—which collectively function as a one-stop solution for all telecommunications needs.
One of the standout components of Evolve Business Group's innovative approach is its patented SD-WAN technology. This advanced offering enables the firm to deliver hardware equipped with software-defined WAN paths that provide multiple layers of redundancy, thereby ensuring high availability and cloud-based control of services. Over the past four years, the company has seen remarkable growth, with its turnover escalating from £6.8 million to an impressive target of over £20 million this year. Furthermore, Evolve has set a bold goal to double its turnover in the next three years, showcasing its commitment to ongoing expansion and increased market presence.
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