Smarter Capital is pleased to announce the appointment of Martin Hargreaves as their new Chief Financial Officer, effective immediately.
Martin brings with him a wealth of experience, having spent the past nine years at ITEC Connect, a Managed Technology provider based in the Southwest. During his tenure as Finance Director and later as Managing Director, Martin played a pivotal role in driving significant growth for the company.
Under his leadership, ITEC Connects revenues soared from £10 million to an impressive £45 million through a strategic combination of acquisitions and robust organic expansion.
Moreover, he successfully diversified the company's portfolio of services, transforming it from a Managed Print provider into a comprehensive Technology Partner. The culmination of their remarkable growth story came in 2020 when ITEC Connect was acquired by the Xerox Corporation for a notable £36.1 million. Martin then led the integration of the ITEC business into the wider Xerox organization while concurrently spearheading the UK sales team.
At Smarter Capital, Martin will be instrumental in furthering the company's growth trajectory through his extensive expertise in mergers and acquisitions. He will join the existing senior management team in the development and implementation of the Group's future growth strategy, focusing on both core verticals, digital marketing and e-commerce.
Smarter Capital has consistently demonstrated its commitment to growth through its successful acquisition strategy. Over the past six months alone, the company has completed four strategic acquisitions, bolstering its annual revenues by an estimated £3 million. With a strong emphasis on digital marketing, design, development, and UK-centric e-commerce businesses, the Group remains dedicated to expanding its market presence and solidifying its position as an industry leader. The company has set ambitious goals for further expansion, aiming to achieve £12 million in revenue by the end of 2024.
"We are thrilled to welcome Martin Hargreaves as our new Chief Financial Officer," said Mark Callaghan, Group CEO at Smarter Capital. "Martin's proven track record of driving exceptional growth and his extensive M&A experience make him an invaluable addition to our senior management team. We believe his strategic insights and financial acumen will play a pivotal role in realizing our ambitious expansion plans and further strengthening our position in the digital marketing and e-commerce landscape."
Martin Hargreaves expressed his excitement about joining Smarter Capital, stating:
'I am delighted to be joining such a dynamic and forward-thinking company. Smarter Capital's impressive growth trajectory and commitment to innovation align perfectly with my own professional values. I look forward to working closely with the team to drive continued success and contribute to the company's future achievements.'
About Smarter Capital
Smarter Capital is a leading digital marketing and e-commerce acquisition company that specialises in providing innovative solutions to help businesses thrive in the digital era. With a focus on digital marketing, design, development and e-commerce businesses, Smarter Capital is dedicated to delivering exceptional results and superior customer service.
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